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A person purchased a $165.476 home 10 years ago by paying 15% down and signing a 30-year mortgage at 9.9% compounded monthly Interest rates have

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A person purchased a $165.476 home 10 years ago by paying 15% down and signing a 30-year mortgage at 9.9% compounded monthly Interest rates have dropped and the owner wants to refinance the balance by springs new 20 year mortgage at 48% compounded monthly, How much interest will refinancing save? Money Saved (Round to the nearest centas reded)

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