A mortgage of ​$161000 is to be repaid by making payments of ​$1191 at the end of each month. if interest is 3.62% per annum compounded semi-anually what is the term of the​ mortgage? State your...


A mortgage of ​$161000 is to be repaid by making payments of ​$1191 at the end of each month. if interest is 3.62% per annum compounded semi-anually what is the term of the​ mortgage? State your answer in years and months​ (from 0 to 11​ months).



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Jun 08, 2022
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