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11.7375% is Also Wrong. please Solve Correctly. Shirley Trembley bought a house for $184,800. She put 20% down and obtained a simple interest amortized loan
11.7375% is Also Wrong. please Solve Correctly.
Shirley Trembley bought a house for $184,800. She put 20% down and obtained a simple interest amortized loan for the balance at 1183% for 30 years. If Shirley paid 2 points and $3,427.00 in fees, $1,102. 70 of which are included in the finance charge, find the APR. (Round your answer to one decimal place.) . %Step by Step Solution
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