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Investigate the effect of the interest rate on home loans by finding the monthly payment and the total interest for a thirty-year simple interest amortized
Investigate the effect of the interest rate on home loans by finding the monthly payment and the total interest for a thirty-year simple interest amortized loan of $150,000 at the following rates. (Round your answers to the nearest cent.) (a) 6% payment $ total interest $ (b) 7% payment $ total interest $ 8% payment $ total interest $ (d) 9% payment $ total interest $ (e) 10% payment $ total interest 2 (f) 11% payment $ total interest $
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