At some point in the past you took out a fixed rate, Financial Management

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At some point in the past you took out a fixed rate

At some point in the past, you took out a fixed rate mortgage. Today this mortgage has a balance of $125,000 and has 27 years term remaining (monthly payments.) If the interest rate on this loan is 4.5%, what are your monthly payments? What will the balance be on this loan after 5 more years have passed (i.e. after 60 more payments?)

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