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( 5 ) Arlen buys a home for $ 3 2 8 , 0 0 0 and makes a down payment of $ 3 3

(5) Arlen buys a home for $328,000 and makes a down payment of $33,000. The balance he finances with a fifteen-year mortgage with monthly payments and an annual effective interest rate of 5.8%. There will be level payments followed by a final slightly reduced payment. Calculate the amount of interest that Arlen pays in the first five years of the loan
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