Question: Please do not use excel, this is to be done using only financial calculator. 4. (10 Marks) A $100,000 mortgage is amortized over 20 years

Please do not use excel, this is to be done using only financial calculator.

4. (10 Marks) A $100,000 mortgage is amortized over 20 years with monthly payments at an interest year how many years, would it now take to pay off the mortgage and how much interest would be paid over the life of the mortgage

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