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Hannah and Mitchell borrow $180 000 over 20 years at a reducible interest rate of 8.5% p.a. They pay $1754 per month. a) Calculate the

Hannah and Mitchell borrow $180 000 over 20 years at a reducible interest rate of 8.5% p.a. They pay $1754 per month.

a) Calculate the total amount to be paid on this loan.

b) How much interest do they pay on the loan?

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