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Sam McCloud is considering his options for an $86,200 mortgage. He can finance for 15 years at 2.725 or 30 years at 3.09% His monthly

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Sam McCloud is considering his options for an $86,200 mortgage. He can finance for 15 years at 2.725 or 30 years at 3.09% His monthly payment will be $583.74 it he chooses the 15 year loan. The monthly payment will only be $367.62 if he chooses the 30 year loan. Which loan will cost Sam more in interest? How much more would he pay

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