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Assume you purchased a house with mortgage loan of $300,000. The interest rate is 3% and loan term is 10 years. How much interest will
Assume you purchased a house with mortgage loan of $300,000. The interest rate is 3% and loan term is 10 years. How much interest will you have paid in total when the loan was paid off: (a) 47,618.68 (b) 90,000.00 (c) 51,234.54 (d) 32,618.98
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