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Loan = $ 1 8 6 , 0 0 0 ; 3 . 4 % over 3 0 years. 2 . 5 points. Lender loan

Loan = $186,000; 3.4% over 30 years. 2.5 points. Lender loan origination fees of $1,400. Equifax credit report cost = $140. Property survey = $1,100.
Find:
1.Lenders yield
2.APR
3.EBC
Find all three assuming prepayment in seven years.

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