A savings and loan agreed to make a $65,000 mortgage at 8%interest for 30years and charged 3 points to negotiate the loan. What was the effective yield to the lender?

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asked Jan 22, 2023 49.1k views

2 votes

A savings and loan agreed to make a $65,000 mortgage at 8%interest for 30years and charged 3 points to negotiate the loan. What was the effective yield to the lender?

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Chris Wheadon asked

by Chris Wheadon

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1 Answer

5 votes

Ok,,,,,,,,,,,,,,,,,,,

Gerald Mayr answered Jan 26, 2023

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