Question: please provide steps. A fully amortizing mortgage is made for $100 ,000 at 6.5 percent interest . If the monthly payments are $ 1, 000

please provide steps.

A fully amortizing mortgage is made for $100 ,000 at 6.5 percent interest . If the monthly payments are $ 1, 000 per month , when will the loan be repaid ? A fully amortizing mortgage is made for $80, 000 for 25 years . Total monthly payments will be $900 per month . What is the interest rate on the loan ?"
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