You borrowed $200,000 to purchase a house. You fixed the loan's interest rate for 12 months at a time. Your loan had an initial term of 25 years with monthly payments. You repaid your loan early, at the end of 4 years. The fixed interest rates were as follows: Year 1: 4.19%; Year 2:4.75%; Year 3: 5.49%; Year 4: 6.15%. Calculate the effective interest rate (borrowing cost) on this loan. Enter your answer without the percentage [%] sign, rounded to 4 decimal places (e.g. 10.4567). You borrowed $200,000 to purchase a house. You fixed the loan's interest rate for 12 months at a time. Your loan had an initial term of 25 years with monthly payments. You repaid your loan early, at the end of 4 years. The fixed interest rates were as follows: Year 1: 4.19%; Year 2:4.75%; Year 3: 5.49%; Year 4: 6.15%. Calculate the effective interest rate (borrowing cost) on this loan. Enter your answer without the percentage [%] sign, rounded to 4 decimal places (e.g. 10.4567)