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Suzan is considering buying a home for $386,000. If she makes a down payment of $56,000 and takes out a mortgage on the rest of
Suzan is considering buying a home for $386,000. If she makes a down payment of $56,000 and takes out a mortgage on the rest of the money at 6.44% compounded monthly for 13 years. What will be the interest for her 117th payment? (Assume she makes monthly payments)
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