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Selling price of home $ 9 4 , 0 0 0 Down payment$ 4 , 0 0 0 Principal ( loan ) $ 9 0
Selling price of home $ Down payment$ Principal loan$ Rate of interest Years Payment per $ $ Monthly mortgage payment $ Assume the interest rate rises to What is the total cost of interest with the new interest rate? Use Table Note: Round your intermediate calculations and final answer to the nearest cent.
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