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Problem #2: You have taken a loan of $172,000. You can afford to pay monthly payments of $1063.02. This loan will be repaid in 19

Problem #2: You have taken a loan of $172,000. You can afford to pay monthly payments of $1063.02. This loan will be repaid in 19 years. What is the nominal annual rate of interest charged on this loan? Problem #2: 15.87 Answer as a percentage, correct to 2 decimals Just Save Submit Problem #2 for Grading Attempt #3 | Attempt #4 | Attempt #5 Problem #2 Your Answer: Your Mark: Attempt #1 | Attempt #2 16.00 15.87 0/1x 0/1x

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