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Business, 13.08.2021 15:20 winterchadrick

A bank has agreed to lend you $610,900 for a home loan. The loan will be fully amortized over 60 years at 10.59%, with .56 points. The loan payments will be monthly. The closing cost is estimated to be $3,712. Calculate the APR.

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A bank has agreed to lend you $610,900 for a home loan. The loan will be fully amortized over 60 yea...
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