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Assume Luisa agrees to a 15 -year, $250,000 mortgage loan, with a rate of 6.5% with estimated upfront closing costs to be $2,000. What is

Assume Luisa agrees to a 15 -year, $250,000 mortgage loan, with a rate of 6.5% with estimated upfront closing costs to be $2,000. What is the Annual Percentage Rate (APR) on this loan? 6.5% 6.63% 6.88% 6.76%

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