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Posted on Jul 22, 2024

Olga wants to borrow $ 4 0 0 , 0 0 0 for a house, with 2 0 % down payment, at 5 % compounding

Olga wants to borrow $

400, 000

for a house, with

20 %

down payment, at

5 %

compounding monthly for

30

years. Calculate the total interest she would pay on the borrowed amount.

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