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Third Fifth Bank has offered you a $200,000 mortgage on a house. Payments are to be $1,013.37 per month for 30 years. What is the
Third Fifth Bank has offered you a $200,000 mortgage on a house. Payments are to be $1,013.37 per month for 30 years. What is the APY on this loan? Please click on the following link to access a blank Excel-type worksheet: Blank XLS Worksheet.xls Click to open: 0 4.41% 0 4.59% 0 4.67% 0 4.89%
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