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solve Annuity 7. A $100,000 mortage carries a 9% annual interest rate compounded monthly for a maximum of 30 years. How many monthly payments of

solve Annuity
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7. A $100,000 mortage carries a 9% annual interest rate compounded monthly for a maximum of 30 years. How many monthly payments of $1,000 will it take to pay off the loan in full? 8. The future /value of regular annuity of $6,000 per year for 10 years is $75,467.36. What interest rate is implied

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