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Fourteen and a half years ago, you took out a 30-year loan. The loan has a 6% APR with quarterly compounding. The monthly payments are

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Fourteen and a half years ago, you took out a 30-year loan. The loan has a 6% APR with quarterly compounding. The monthly payments are $1875.21. How much do you owe on the loan today? (8 points) How much interest did you pay on the loan in the past year (8 points)? 16 Points

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