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Posted on Jul 28, 2024

A lender offers you a fixed - rate mortgage for $ 3 7 5 , 0 0 0 at 7 % for 3 0 years,

A lender offers you a fixed

-

rate mortgage for $

375, 000

7 %

for

30

years, monthly payments, with

3.00

discount points. What is the APR for this loan? USING FINANCIAL CALCULATOR ONLY

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