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Ellery purchases a home with a loan of R149 000. The 30-year loan term and 7.5% interest rate apply to the home loan. Every month,

Ellery purchases a home with a loan of R149 000. The 30-year loan term and 7.5% interest rate apply to the home loan. Every month, payments are made. How much interest will he pay overall if he purchases the house in accordance with the terms of the loan?

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