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Confused, urgent help to understand concept. You decide to buy a house for $350,000. The mortgage is for 30 years at an annual interest rate

Confused, urgent help to understand concept.

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You decide to buy a house for $350,000. The mortgage is for 30 years at an annual interest rate of 7% with equal monthly payments and no change in the rate charged. At the end of this mortgage, how much will you have paid out (principal and interest) for this house? Give your answer in dollars but do not type in a dollar sign

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