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18. Find the APR considering the following scenario: Interest Rate: 4%, Loan amount: $500,000. Term: 30 years. Points: 3 A. 4.25% B. 4.125% C. 4.075%

18. Find the APR considering the following scenario: Interest Rate: 4%, Loan amount: $500,000. Term: 30 years. Points: 3

A. 4.25% B. 4.125% C. 4.075%

D. 4.375%

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