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Assume you are purchasing a new house. You obtain a 30-year fixed rate mortgage with a 5,3% annual interest rate. The total amount of the

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Assume you are purchasing a new house. You obtain a 30-year fixed rate mortgage with a 5,3% annual interest rate. The total amount of the mortgage loan is $150,000. How much interest will you pay over the life of the mortgage? O A $61,360 OB. $10,488 OC. $71,200 OD. $149,880

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