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5 years ago you took out at 3 0 - year mortgage with an APR of 8 % for $ 1 9 8 , 0

5 years ago you took out at 30- year mortgage with an APR of 8% for $198,000. If you were to refinance the mortgage today for 20 years at an APR of 5%, how much would you save in total interest? a. $123,083 b.82,056 c. $164,111 d.41,028
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