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Marcy takes out a loan for X for 14 years. She is financing the loan at an effective annual rate of 6.5% and is making

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Marcy takes out a loan for X for 14 years. She is financing the loan at an effective annual rate of 6.5% and is making level monthly payments. The outstanding balance immediately after her 15th level payment of $960 is 100,710. How much total interest did Marcy pay so far, including her 15th payment? 5,980 21,634 8,212 8,444 6,118

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