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Ksenya-84 [330]
2 years ago
14

Kelly and Tim Jarowski plan to refinance their mortgage to obtain a lower interest rate. They will reduce their mortgage payment

s by $58 a month. Their closing costs for refinancing will be $1,690. How long will it take them to cover the cost of refinancing
Business
1 answer:
antiseptic1488 [7]2 years ago
3 0

Answer:

How long will it take them to cover the cost of refinancing = 29months

Explanation:

Number of months = $1,690 / $58

Number of months = 29 months

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