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Suppose you tookout a mortgage for $126219 for 20 years. For the first 10 years, the annualrate was 5.6%. After this, you refinanced to a2.7%
Suppose you tookout a mortgage for $126219 for 20 years. For the first 10 years, the annualrate was 5.6%. After this, you refinanced to a2.7% annual rate (for the remainderof the term). How much totalinterestdid you pay?
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