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Jerry and his wife decide this is a good time to buy a

Jerry and his wife decide this is a good time to buy a house.They have a down payment and need to borrow $250,000.They are offered financing which requires a 2% loan origination fee and monthly payments of $1,500 per month for 30 years.what is their interest rate?

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Macroeconomics: Jerry and his wife decide this is a good time to buy a

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