Question: ???????answerwithout using excel 8. A fully amortizing mortgage is made for ( $ 80,000 ) for 25 years. Total monthly payments will be ( $

???????answerwithout using excel 8. A fully amortizing mortgage is made for \( \$ 80,000 \) for 25 years. Total monthly payments will be \( \$ 900 \) per month. What is the interest rate on the loan? 2 answers

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