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Some lenders offer fifteen-year home loans. Investigate the effect of the term on home loans by finding the monthly payment and total interest for a

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Some lenders offer fifteen-year home loans. Investigate the effect of the term on home loans by finding the monthly payment and total interest for a simple interest amortized loan of $100,000 at 10% if the term is the following period of time. (Round your answers to the nearest cent.) (a) forty years payment $ total interest $ (b) twenty years payment $ total interest $

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