Miriam and Dave want to borrow $25,000 to put an addition on their house. They went over their budget, and they can afford to pay $450 a month. If the bank offers them a home improvement loan with an APR

Miriam and Dave want to borrow $25,000 to put an addition on their house. They went over their budget, and they can afford to pay $450 a month. If the

bank offers them a home improvement loan with an APR of 6.3%, what should the length of the loan be so they can afford the monthly payments?

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Miriam and Dave want to borrow $25,000 to put an addition on their house. They went over their budget, and they can afford to pay $450 a month. If the bank offers them a home im…

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