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Business, 26.10.2020 16:40 Rocko420

Given the following information about a fully amortizing loan, calculate the lender’s yield (rounded to the nearest tenth of a percent): loan amount: $166,950; term: 30 years; interest rate: 8%; monthly payment: $1,225.00; discount points: 2.

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Given the following information about a fully amortizing loan, calculate the lender’s yield (rounded...
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