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Your real estate agent tells you that the house with a certain price pays $ 1,200 per month for 30 years at 0.75% interest per

Your real estate agent tells you that the house with a certain price pays $ 1,200 per month for 30 years at 0.75% interest per month. What is the Annual Percentage Rate (APR)?

8.56%

11.1%

7.35%

9.0%

DO NOT COPY FROM CHEGG, OR I HAVE TO REPORT.

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