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2.1 Ryan purchases a house for $120,000 to be paid for over 30 years at an interest rate of 6.25% per year. What are

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2.1 Ryan purchases a house for $120,000 to be paid for over 30 years at an interest rate of 6.25% per year. What are the monthly payments? 2.2 What is the total amount (interest and principal) that Ryan pay for the house? 2.3 How much interest does Ryan pay?

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