Mathematics, 05.06.2020 23:03 bryan9892
Sam takes out a $167,000 mortgage for 20 years. He makes monthly payments and at the end calculates that he has paid $240,141 towards the mortgage. What is the approximate APR?
a) 3%
b) 4%
c) 6%
d) 7%
Answers: 2
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Sam takes out a $167,000 mortgage for 20 years. He makes monthly payments and at the end calculates...
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