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A man buys a house for a $220,000. He pays $20,000 down and takes out a mortage at 6.3% for 20 years on the balance.
A man buys a house for a $220,000. He pays $20,000 down and takes out a mortage at 6.3% for 20 years on the balance. Find his monthly payment and the total amount of interest he will pay.
The man will make payments of $____.
(Do not round until the final answer, then round to the nearest cent)
The total amount of interest the man will pay is $____.
(Do not round until the final answer , then round to the nearesr cent).
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