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Couple have 240 payments left on their mortgage. The payments are 1320$ per month and interest rate is 8.2%.
If couple increase their payments to 1500$ per month, when will the mortgage be paid off?
If couple refinance the remaining balance on their mortgage at 5.6% for 15 years, what will be their new monthly payment?
Please write step by step
Discuss new ways for employees to use Web-based self-service applications in their companies that will help save time and money.
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