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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 twenty-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 twenty-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 $

(c) 8%

payment $

total interest $

(d) 9%

payment $

total interest $

(e) 10%

payment $

total interest $

(f) 11%

payment $

total interest $

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