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    A House Costs $148,000
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A House Costs $148,000

Question 2

Question 2

Multiple Choice

A house costs $148,000. It is to be paid off in exactly ten years, with monthly payments of $1737.54. What is the APR of this loan?


A) 6.25%
B) 5.25%
C) 7.25%
D) 8.25%

Correct Answer:

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