Solved: How much of the payment is interest, Finance Basics

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How much of the payment is interest

I need to know step by step how to calculate the following:

Loan Value: $1,594,600
Amortization: 15 Years
Payments : Monthly
Interest Rate: 7%

a) How much is the Payment?

b) How many months?

c) How much of the payment is interest & How much is principle?

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Finance Basics: How much of the payment is interest

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Finance Basics: How much of the payment is interest

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