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On a loan, what is the annual interest rate if the term is 25 years, the PV is $400,000 and the monthly payment is $2003.00

  1. On a loan, what is the annual interest rate if the term is 25 years, the PV is $400,000 and the monthly payment is $2003.00 per month.

    29.19%

    129.19%

    3.50%

    35.01%

    2.91%

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