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Calculate the APR for the following loan. : L/V ratio 80%, price of the house $250,000, interest rate 4.5%, monthly payments, term 20 years. Borrower
Calculate the APR for the following loan. : L/V ratio 80%, price of the house $250,000, interest rate 4.5%, monthly payments, term 20 years. Borrower expects to sell his house and move to a new city after 7 years. Origination fees are 2%.please show on calculator. this is all I have
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