Question: You need a 3 0 - year fixed - rate mortgage for $ 3 5 0 , 0 0 0 , monthly payments. One lender

You need a 30-year fixed-rate mortgage for $350,000, monthly payments. One lender offers 7.25% with no discount points while another lender offers 7.00% with some points. What amount of points on the second loan would give the loans the same APR? using financial calculator keystrokes

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