Question: 12 12. Problem 5.17 (Effective Interest Rate) ellook You borrow $290,000; the annual loan payments are $21,068.18 for 30 years. What interest rate are you

12. Problem 5.17 (Effective Interest Rate) ellook You borrow $290,000; the annual loan payments are $21,068.18 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number

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