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You borrow $185,000; the annual loan payments are $19,624.66 for 30 years. What interest rate are you being charged? Round your answer to the nearest

You borrow $185,000; the annual loan payments are $19,624.66 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number.

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Problem 5.17 (Effective Interest Rate) Question 14 of 20 Check My Work (3 remaining) eBook You borrow $185,000; the annual loan payments are $19,624.66 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number. %

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