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24. [-70.6 Points] DETAILS AUFEXC4 11.5.031. 0/100 Submissions Used The Mendez family is considering a mortgage loan of $348,000 at an annual interest rate of

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24. [-70.6 Points] DETAILS AUFEXC4 11.5.031. 0/100 Submissions Used The Mendez family is considering a mortgage loan of $348,000 at an annual interest rate of 6.55%. (a) How much greater is their mortgage payment if the term is 20 years rather than 30 years? $ (b) How much less is the amount of interest paid over the life of the 20-year loan than over the life of the 30-year loan? $ Need Help? Read It Watch It

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