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How much more would one have to pay per month on an $95,000 30-year loan if the interest rate increased from 7.5 to 8.5 percent?
How much more would one have to pay per month on an $95,000 30-year loan if the interest rate increased from 7.5 to 8.5 percent? The payments per $1,000 debt under these terms are $6.9921 and $7.6891.
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