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Home
—›
mortgage
?
Shifty Savings and Loan is making a 90% loan with an annual interest rate of
7%. If the lender charges 3 discount points at closing to make the loan, what is the
yield to the lender?
7.25%
7.375%
7.5%
10%
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
B
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