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Please Solve Using BAII Calculator Strokes The actual prepayment penalty under the terms of the apartment building owners mortgage is 2% of the balance of

Please Solve Using BAII Calculator Strokes

The actual prepayment penalty under the terms of the apartment building owners mortgage is 2% of the balance of the loan. If the owner goes ahead with the refinancing, what was the effective interest rate on the loan over the original ten years?

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