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8. (An equal payment loan, finding n) You would like to borrow $200,000 to finance your new house. The bank charges a monthly interest rate

8. (An equal payment loan, finding n) You would like to borrow $200,000 to finance your new house. The bank charges a monthly interest rate of 0.75%. What is the loan term in years if you would like to pay $2,000 every month to the bank and the loan is an equal payment mortgage? Please show and explain using Excel and Excel formulas.

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