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Assume Mary agrees to a 15 -year, $200,000 mortgage loan, with a rate of 5% with estimated upfront closing costs to be $2,500. What is

Assume Mary agrees to a 15 -year, $200,000 mortgage loan, with a rate of 5% with estimated upfront closing costs to be $2,500. What is the Annual Percentage Rate (APR) on this loan? Multiple Choice 5.191% 5.000% 4.887% 5.332%

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