Real Estate help?

I'm having problem in my real estate calculations. Need help?
What is the APR and the effective rate for the following loan:
Prin.amt. $1,000,000
i = 8.%
Term = 30
Points = 3.0
Due in 10 years
Need calculations? I got Eff 8.46 and APR 6.68
vlbulut
Asked Nov 20, 2009

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why not open an exell sheet ?
pourquoi ne pas essayer par exell ?
frifri
Answered Nov 21, 2009
I agree. I think the excel sheet is the best alternative for this.
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