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1. Find the monthly payments on this loan: $125,000 loan amount, 15 years, 6.25 annual interest rate. Please provide steps. 2. Find the balance on

1. Find the monthly payments on this loan: $125,000 loan amount, 15 years, 6.25 annual interest rate.

Please provide steps.

2. Find the balance on this mortgage at the end of 6 years: $125,000 loan amount, 15 years, monthly payments, 6.25 annual interest rate.

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