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Tom wishes to purchase a property that has been valued at $ 3 0 0 , 0 0 0 . He has $ 3 0

Tom wishes to purchase a property that has been valued at $300,000. He has $30,000 available as a deposit, and will require a mortgage for the remaining amount. The bank offers him a 25-year mortgage at 2% interest, compounded monthly. Calculate the total interest paid on the mortgage.
Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.
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