Question: Assume you pay points on a 30-year fixed rate loan but have decided to sell your house five years after getting the loan. Which of

Assume you pay points on a 30-year fixed rate loan but have decided to sell your house five years after getting the loan. Which of the following most accurately describes the effective interest rate on the loan? Assume you pay points on a 30-year fixed rate loan but have decided to sell your house five years after getting the loan. Which of the following most accurately describes the effective interest rate on the loan

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