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You plan to finance the purchase of a new house with a bank loan of $425,000; the terms of the loan include an interest rate

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You plan to finance the purchase of a new house with a bank loan of $425,000; the terms of the loan include an interest rate of 4 percent and a 30-year term with annual payments. How much interest will you pay over the life of the loan? Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar

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