A loan with the following terms is being made: Fixed rate, constant monthly payment. Closing date February 9 th. Five percent interest rate. Prepaid interest due at closing. $165,000 mortgage loan amount: $2,450 loan discount points to be paid by the buyer or borrower to the lender. 25-year term, monthly payments, fully amortizing. Required: Calculate the APR for federal truth-in-lending purposes. (Do not round intermediate calculations. Round your final answer to the nearest one-quarter of a percent.) Important Note from Your Instructor: Do NOT round your final answer to the nearest one-quarter of a percent. This issue has bee reported to MH, but it may not be in effect by the start of the term