Question: Required ( A ) Assuming that 3 points are paid at closing and the 2 0 - year loan is prepaid at the

Required \( A \) Assuming that 3 points are paid at closing and the 20-year loan is prepaid at the end of year 5, what will be the effective of interest for each loan in parts a (1) through a (4)? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places.
Required \ ( A \ ) Assuming that 3 points are

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