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Question 3 1 pts A borrower is offered a mortgage loan for $100,000 with an interest rate of 4% APR, 1 discount point, and a

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Question 3 1 pts A borrower is offered a mortgage loan for $100,000 with an interest rate of 4% APR, 1 discount point, and a 30-year amortization period with monthly payments. What is the effective interest rate as an APR if the loan is prepaid after 3 years? O 3.06% 0 4.86% O 1.87% 0 4.37%

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