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QUESTION 21 A borrower takes out a 30-year mortgage loan for 5120,000 with an interest rate of 5% plus 4 points. What is the effective annual interest rate on the loan if the lean is carried for all 30 years? O 5.0% 5.696 6.49 5.35% QUESTION 19 When a lender requires that the entire balance of the principal amount is paid prior to the full amortized period of the loan the lump sum payment is commonly referred to as ain: balloon payment. up front payment early payment. payment cap