Question: Check My Work Click here to read the eBook: Comparing Interest Rates EFFECTIVE INTEREST RATE You borrow $275,000; the annual loan payments are $15,903.28 for

Check My Work Click here to read the eBook: Comparing Interest

Check My Work Click here to read the eBook: Comparing Interest Rates EFFECTIVE INTEREST RATE You borrow $275,000; the annual loan payments are $15,903.28 for 30 years. What interest rate are you being charged? Round your answer to two decimal places. %

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