A building is priced at $100,000. If you make a down payment in the amount of $30,000 and want to make a
$1,000 monthly payment, how many months will it take to pay for the building? Interest is charged at a rate of
12%, compounded monthly.

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The Answer of A building is priced at $100,000. If you make a down payment in the amount of $30,000 and want to make a
$1,000 monthly payment, how many months will it take to pay for the building? Interest is charged at a rate of
12%, compounded monthly.

A Building Is Priced at $100,000