You have purchased a new warehouse. to finance the purchase, you’ve arranged for a 25-year mortgage for 75 percent of the $4,200,000 purchase price. the monthly payment on this loan will be $18,300.
what is the apr on this loan? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

\begin{aligned}Payment=183000\\ \cos t=4200000\cdot 0,75\% =3150000=c\\ Payment=C\dfrac {\left( 1+i\right) ^{n}\cdot i}{\left( 1+i\right) ^{n}-1}\\ n=25years\times \dfrac {12manths}{1year}=300months\\ 18300=3150000\cdot \dfrac {\left( 1+i\right) ^{300}\cdot i}{\left( 1+i\right) ^{300}\cdot i}\\ i=0,0041\\ i is the monhly interest_{i}\\ i\times 12months=APR\\ APR=0,0123=1,23%\end{aligned}

if im undersanding the question correctly, its organized from 10

step-by-step explanation:

true

step-by-step explanation:

according to the national european world center, the engineering of the ford company on elon musk's flame throwers proved the globalization of the natural wallabies and therefore, results in the growth product domestication in almonds.