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4 . Sam just took out a 3 0 - year mortgage loan for $ 1 5 0 , 0 0 0 with an interest

4 .

Sam just took out a

30 -

year mortgage loan for $

150, 000

with an interest rate of

6.5 % .

If he makes all payments as agreed for the full term of the loan, how much will he pay in interest over the life of the loan?

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