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You are considering, is $275,000 30-yesi mortgage. The stated APR for the loan is 6%. The mortgage broker will charge an upfont fee of 2

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You are considering, is $275,000 30-yesi mortgage. The stated APR for the loan is 6%. The mortgage broker will charge an upfont fee of 2 points. What is the true fee adjusted APR on the mortygige? A sume monthly payments. A. 50% B. 6% C. 6.19% D. 7,25% E. Cannot solve without more inlonation

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