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Ella Funt is planning on buying a $280,000 home and putting 20% down. She will finance the remainder with a 4%, 30 year mortgage through

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Ella Funt is planning on buying a $280,000 home and putting 20% down. She will finance the remainder with a 4%, 30 year mortgage through her lender. What will the total interest cost savings be for Ella if she could instead take out a 15 year, 4% mortgage? O $94,569 $86,728 $75,672 $71.008

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