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The Beyes plan to purchase a house for $285,000. They will pay 20% down, and finance the remainder for 30 years at 6.9% interest compounded

The Beyes plan to purchase a house for $285,000. They will pay 20% down, and finance the remainder for 30 years at 6.9% interest compounded monthly. (b) What is the total amount of interest they will pay over the life of the mortgage

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