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A $300,000.00 thirty year mortgage has a monthly payment of $1,798.65. Over the life of the mortgage, how much money do you pay in interest?

A $300,000.00 thirty year mortgage has a monthly payment of $1,798.65. Over the life of the mortgage, how much money do you pay in interest?

Select one:

a. $245,876.98

b. $347,514.00

c. $647,514.00

d. $300,000.00

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