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Calculate APR in the following scenario. Loan amount: $900,000 Term: 30 years Interest rate: 6.25% Points: 2.5 Fees: $3800 A. 6.37% B. 6.48% C. 6.53%

Calculate APR in the following scenario. Loan amount: $900,000 Term: 30 years Interest rate: 6.25% Points: 2.5 Fees: $3800 A. 6.37% B. 6.48% C. 6.53% D. 6.82%

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