Question
A FRM loan with the following terms is being made: fixed rate, constant payment, 10% interest rate, 80000 desired mortgage amount, 2000 prepaid finance charge,
A FRM loan with the following terms is being made: fixed rate, constant payment, 10% interest rate, 80000 desired mortgage amount, 2000 prepaid finance charge, 30 years term, monthly payments. What is the APR for the federal truth in lending purpose?
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
1st Edition
1567930905, 978-1567930900
