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A fully amortizing mortgage loan is made for $100,000 at 6 percent interest for 30 years. a. How much total interest would be paid over
A fully amortizing mortgage loan is made for $100,000 at 6 percent interest for 30 years.
a. How much total interest would be paid over the entire 30-year life of the mortgage, if interest is paid:
1. Monthly.
2. Quarterly
3. Annually
4. Weekly
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