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Suppose you find a house for $150,000 and the bank offers you 3.5% interest for a 30 year loan. a. Find your monthly mortgage payment

Suppose you find a house for $150,000 and the bank offers you 3.5% interest for a 30 year loan. a. Find your monthly mortgage payment to the nearest cent. b. How much interest will you pay over the life of the loan?

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