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Jerry and his wife Lewis have a home mortgage of $ 1 7 5 , 0 0 0 at 4 . 0 % annual interest

Jerry and his wife Lewis have a home mortgage of $175,000 at 4.0% annual interest for 30 years. How much will they SAVE in interest expense if they pay an extra $125.00 per month as an extra principle payment?
Group of answer choices
$55,221.14
$94,806.13
$30,965.51
$125,771.64

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