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A borrower takes out a 30 year mortgage loan for $150,000 with an interest rate of 6 plus 4 points. What is the effective anal

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A borrower takes out a 30 year mortgage loan for $150,000 with an interest rate of 6 plus 4 points. What is the effective anal interest on the loan the loan is carried for all 30 years? 5.63% 5.35% 6.36% e 5.0096

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