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1 point You purchase a home for $275,000 with a 10% down payment. You choose a 30-vear mortgage loan at 7.75% quotes interest. What is

1 point You purchase a home for $275,000 with a 10% down payment. You choose a 30-vear mortgage loan at 7.75% quotes interest. What is the total amount of interest paid in the first 4 years combined? Assume monthly payments. Hint: Use the amortizotion feature in the finoncial calcuiotor or create an amortization table in Excel. Round to the nearest. 0.01

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