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Calculate the effective cost on a $225,000 loan with 4 points, a 3.5% rate and a 30 year return. a. 3.46% b. 4.05% c. 3.62%
Calculate the effective cost on a $225,000 loan with 4 points, a 3.5% rate and a 30 year return.
a. 3.46%
b. 4.05%
c. 3.62%
d. 3.83%
Please show work. Thank you.
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
