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Jack and Diane both have steady jobs with a current AGI of $120,000. They anticipate annual AGI growth of 3%.The home has a purchase price

Jack and Diane both have steady jobs with a current AGI of $120,000. They anticipate annual AGI growth of 3%.The home has a purchase price of $200,000 .If Jack and Diane purchase the home, they will put 20% down and finance the remainder on a 30 year mortgage at 5.25%.

How much Mortgage Interest is paid by Jack and Diane over the 10 year period?

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