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30 Year Fully Amortized Rental Loans- National Lender Problem 2 A fully amortizing mortgage loan is made for 80000. – Problem 2: A fully amortizing mortgage loan is made for $80,000 at 9 percent interest for 25 years. payments are made monthly. You are to calculate: (a) Monthly payments. (b) Interest and principal payments during month 1. (c) Total principal and total interest paid over 25 years. (d) The outstanding loan balance if the loan is repaid at the end of year 10.

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