A borrower takes out a 30-year mortgage loan for 100000
A borrower takes out a 30-year mortgage loan for $100,000 with an interest rate of 6% plus 4 points. What is the effective annual interest rate on the loan if the loan is carried for all 30 years?
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a borrower takes out a 30-year mortgage loan for 100000 with an interest rate of 6 plus 4 points what is the effective
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