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3. You want to purchase a house, and you have agreed on a selling price of $230,000. The bank will give you a loan for

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3. You want to purchase a house, and you have agreed on a selling price of $230,000. The bank will give you a loan for 30 years, and the interest rate will be 3.5%. Assume that you will finance the entire amount. What is your monthly payment? What is the total interest you will pay for this loan? How did you find these answers

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