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8 A bank just offered you a $300,000 mortgage at a quoted rate of 5.5%. If the mortgage calls for payments to be made weekly

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8 A bank just offered you a $300,000 mortgage at a quoted rate of 5.5%. If the mortgage calls for payments to be made weekly based on a 25-year amortization period, what discount rate would you use in the annuity present value formula to find the amount of your payments? nts Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. 00:55:09 Numeric Response

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