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18. A house with a purchase price of $310,000 is purchased with a loan for 15 years at an annual interest rate of 4.75%, compounded

18. A house with a purchase price of $310,000 is purchased with a loan for 15 years at an annual interest rate of 4.75%, compounded monthly and a 20% down-payment. If the monthly payments on the house are $1929.02, and all payments are made on schedule, what is the total amount that will be paid for the house over the life of the loan?

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