asked 61.6k views
5 votes
A fully amortized loan has a 360 month payment schedule with principal and interest payments of $2588 each month. The amortization of this loan will pay off the loan in:

asked
User Deutro
by
8.8k points

1 Answer

2 votes

Answer:

30 years.

Step-by-step explanation:

answered
User Jimmy Miller
by
8.0k points
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