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If your monthly payment is $545.74 on a $80,000 mortgage for 30 years, what is your annual interest rate? A. cannot be determined on an
If your monthly payment is $545.74 on a $80,000 mortgage for 30 years, what is your annual interest rate?
- A. cannot be determined on an annualized basis
- B. 7.25%
- C. 0.604%
- D. 7.16%
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