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Business, 30.11.2019 01:31 blondielocks2002

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. 8.0% 8.2% 7.7% 10.0%

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