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Drill Problem 18-5 (Algo) [LU 18-1 (3)] Use the following amortization chart: Assume the interest rate rises to 7%. What is the total cost of

image text in transcribed Drill Problem 18-5 (Algo) [LU 18-1 (3)] Use the following amortization chart: Assume the interest rate rises to 7%. What is the total cost of interest with the new interest rate? Note: Round your intermediate calculations and final answer to the nearest cent

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