Question: A fully amortizing mortgage is made for $132,000 at 6.5 percent interest. Required: If the monthly payments are $1,160 per month, when will the loan
A fully amortizing mortgage is made for $132,000 at 6.5 percent interest.
Required: If the monthly payments are $1,160 per month, when will the loan be repaid? (Round up your answer to the nearest whole number.)
Maturity : (INSERT ANSWER HERE) months
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