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When estimating a borrower's APR lenders must make several assumptions. Which of the following is NOT one of the assumptions made by lenders when computing
When estimating a borrower's APR lenders must make several assumptions. Which of the following is NOT one of the assumptions made by lenders when computing APR? The borrower will not refinance or sell their home before they have made at least 10 years of on-time payments. These are all assumptions made my lenders when computing APR. The borrower will not make any extra principal payments. The borrower will keep their loan for the full term
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