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A house costs $185,000. You take out a mortgage loan and put 20 percent down on the house. The mortgage is to be paid off
A house costs $185,000. You take out a mortgage loan and put 20 percent down on the house. The mortgage is to be paid off in exactly ten years, with monthly payments of $1737.54. What is the APR of this loan? O 6.25% O 5.25% O 7.25% O 8.25%
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