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Mathematics, 13.09.2019 00:30 angelinailiff8531

You have purchased a new warehouse. to finance the purchase, you’ve arranged for a 25-year mortgage for 75 percent of the $4,200,000 purchase price. the monthly payment on this loan will be $18,300.
what is the apr on this loan? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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