A house costs $149,000. It is to be paid off in exactly tenyears, with monthly payments of
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Question:
A house costs $149,000. It is to be paid off in exactly tenyears, with monthly payments of $1,665.45. What is the APR of thisloan?
A.
4.15%
B.
7.15%
C.
6.15%
D.
5.15%
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