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Mike qualifies to borrow $120,000 on a mortgage at 9 percent for 30 years, monthly payments. 1. How much total interest does he pay

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Mike qualifies to borrow $120,000 on a mortgage at 9 percent for 30 years, monthly payments. 1. How much total interest does he pay over this 3-year period? Note. Submit all the answers in positive number and with up to 2 decimals.

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