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6. Suppose you borrow $260,000 at 5.25% for 30 years, monthly payments. You pay 2 discount points. A. (1 pt) Your APR on this loan
6. Suppose you borrow $260,000 at 5.25% for 30 years, monthly payments. You pay 2 discount points. A. (1 pt) Your APR on this loan is 5.625%. What amount of other financing fees did you pay? B. (1 pt) Suppose that your effective cost over a five-year holding period is 5.875%. What amount of other fees did you pay
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Public Finance Lessons From The Past And Effects On The Future
Authors: Miguel-Angel Galindo Martin
1st Edition
1629481491, 978-1629481494
