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You take a loan to buy a house for $26,000. You can make a doen payment for $2,000 today and then afford a $450 monthly
You take a loan to buy a house for $26,000. You can make a doen payment for $2,000 today and then afford a $450 monthly payment. this loan has 60 monthly payments and the first one is due next month. What is the interest rate on this loan as an APR?
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