Question: can you solve it without using excel please. yes with the calculator The next three points are effective interest rate problems. If the answer is

can you solve it without using excel please.

yes with the calculator

The next three points are effective interest rate problems. If the answer is 11.47% then you may answer either 1147 or 11.47%. You must answer with "4" numbers (i.e. places) 11. You got a 10%. OFV, $75,000, 30 year loan, with monthly payments. What would be the effective interest rate on the 10% loan with the following additional loan features? You paid 3 points, there was no prepayment penalty (PPP), and you paid the loan off at the end of the 10th year 10.50 b. You paid 3 points, there was a 2% PPP, and you paid the loan off at the end of the 10th year 10.61 c. You paid 3 points, there was a 2% PPP, and you did not pay off the loan early 10.37

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