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Assume you can save $100 per month end for the next 30 years by refinancing your mortgage at a new lower rate of 4%. What

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Assume you can save $100 per month end for the next 30 years by refinancing your mortgage at a new lower rate of 4%. What is the present value of the savings (which can be compared against the cost of closing on a new mortgage)? $36,000.00 521015.94 520,946 12 $1,229.20

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