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Charlene took out a 25-year loan from her bank for $115,000 at an APR of 4.8%, compounded monthly. If her bank charges a prepayment
Charlene took out a 25-year loan from her bank for $115,000 at an APR of 4.8%, compounded monthly. If her bank charges a prepayment fee of 6 months' interest on 80% of the balance, what prepayment fee would Charlene be charged for paying off her loan 8 years early? A. $1017.04 B. $527.16 C. $674.92 D. $658.95
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An Introduction To Categorical Data Analysis
Authors: Alan Agresti
3rd Edition
1119405262, 978-1119405269
