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A borrower takes out a 30-year mortgage loan for $175,000 with an interest rate of 3.66% plus 3 points. What is the effective interest rate

A borrower takes out a 30-year mortgage loan for $175,000 with an interest rate of 3.66% plus 3 points. What is the effective interest rate on the loan if the loan is repaid after five years? (show work with financial calculator keystrokes)

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