Ellen Taylor is thinking of buying a home for $111,000. A potential lender advertises an 80%,...
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Ellen Taylor is thinking of buying a home for $111,000. A potential lender advertises an 80%, thirty-year simple interest amortized loan at 10% interest, with an APR of 11.57%. Use the APR to approximate the fees included in the finance charge. (Round your answer to the nearest cent.) $ 12,839.70 Need Help? Submit Answer X Read It Watch It Ellen Taylor is thinking of buying a home for $111,000. A potential lender advertises an 80%, thirty-year simple interest amortized loan at 10% interest, with an APR of 11.57%. Use the APR to approximate the fees included in the finance charge. (Round your answer to the nearest cent.) $ 12,839.70 Need Help? Submit Answer X Read It Watch It
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