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You borrow a bakom Now Question You borrow balloon mortare loan of $200.000 at a rate for 30 years with monthly payments, the loan is

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You borrow a bakom Now Question You borrow balloon mortare loan of $200.000 at a rate for 30 years with monthly payments, the loan is partially amortized and the balloon payment of $100,000 is scheduled at the end of year 30. 11. Assuming that the fender charge 3 points to close this loan, what is the APR for this loan? 830N 8.13 7.92

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