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Buck takes out a $235,000 mortgage at 4.3%. He plans to make monthly payments of $1,136 over the co...
5 months ago
Q:
Buck takes out a $235,000 mortgage at 4.3%. He plans to make monthly payments of $1,136 over the course of 30 years. What is the loan’s APR?
Accepted Solution
A:
The answer should be 222,000