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George is considering two mortgages - one at 7.0% for 30 years, paid monthly, and one at 6.5% for 20 years, also paid monthly. The

George is considering two mortgages - one at 7.0% for 30 years, paid monthly, and one at 6.5% for 20 years, also paid monthly. The size of the mortgage is $225,000. How much would George save in interest if he chooses the 20 year mortgage, with no prepayment of principal ?

		$135,252
		$89,766
		$120,234
		$186,097
		$136,286

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