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What is the annual interest rate of a fully amortizing, 20-year fixed rate $175,000 mortgage,...

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Finance

What is the annual interest rate of a fully amortizing, 20-year fixed rate $175,000 mortgage, with a monthly payment of $1,266.41?

  • 5.10%

  • 6.125%

  • 6.25%

  • 6.375%

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