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Question 18 1 points Save Answer A borrower is offered a mortgage loan for $100.000 with an interest rate of 7% and a 30-year amortization

Question 18 1 points Save Answer A borrower is offered a mortgage loan for $100.000 with an interest rate of 7% and a 30-year amortization period with monthly payments. The lender charges two discount points. What is the effective interest rate if the loan is held to maturity? Excel Workbook Blank.xlsx

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