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26 26. You are considering a $275,00030-year mortgage. The stated APR for the loan is 6%. The mortgage broker will charge an upfront fee of

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26. You are considering a $275,00030-year mortgage. The stated APR for the loan is 6%. The mortgage broker will charge an upfront fee of 2 points. What is the true fee adjusted APR on the mortguge? Assume monthly payments. A. 50% B. 6% C. 6.19% D. 7.25% E. Cannot solve without more information

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