A building is priced at 125000 if a down payment of 25000


A building is priced at $125,000. If a down payment of $25,000 is made and a payment of $1,200 every month thereafter is required, how many months will it take to pay for the building? Interest is charged at a rate of 9% compounded monthly.

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Business Economics: A building is priced at 125000 if a down payment of 25000
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