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A fully amortizing mortgage is made for $120,000 at 6.5 percent interest. Required: If the monthly payments are $1,100 per month, when will the loan

A fully amortizing mortgage is made for $120,000 at 6.5 percent interest.

Required:

If the monthly payments are $1,100 per month, when will the loan be repaid? (Round up your answer to the nearest whole number.)

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