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A house costs $147,000. It is to be paid off in exactly ten years, with monthly payments of $1,814.74. What is the APR of this

A house costs

$147,000.

It is to be paid off in exactly ten years, with monthly payments of

$1,814.74.

What is the APR of this loan?

A.

9.4%

B.

7.4%

C.

6.4%

D.

8.4%

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