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Shawn borrowed $132,600 at 4.25 percent for 30 years to purchase a home. Payments are to be paid monthly. If all payments are paid as
Shawn borrowed $132,600 at 4.25 percent for 30 years to purchase a home. Payments are to be paid monthly. If all payments are paid as agreed, how much total interest will be paid? (Round the monthly payment to two decimal places when computing the total interest paid.) Multiple Choice $102,231.60 $97,086.67 $78,400.30 $108,161.08 $86,086.67
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