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Our long-term debt represents a 30-year loan taken out in 2000 at 5 percent with options to refinance every ten years. If we refinance for

Our long-term debt represents a 30-year loan taken out in 2000 at 5 percent with options to refinance every ten years. If we refinance for the remaining ten years at 2 percent, how much interest expense will we save over the remainder of the loan?

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