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Question 14 75 pts You are quoted an interest rate of 5.3% on a $300,000 home mortgage with $7,000 in closing costs and fees. The

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Question 14 75 pts You are quoted an interest rate of 5.3% on a $300,000 home mortgage with $7,000 in closing costs and fees. The loan will be repaid monthly over a period of thirty years. What is your Annual Percentage Rate (APR)? O 5.3%. O 5.5% O 5.7% O 5.9%

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