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Use the following amortization chart:Selling price of home: $ 9 7 , 0 0 0 Down payment: $ 4 , 0 0 0 Principal (
Use the following amortization chart:Selling price of home: $Down payment: $Principal loan: $Rate of interest: Years: Payment per $: $Monthly mortgage payment: $Assume the interest rate rises to What is the total cost of interest with the new interest rate? Use Table Do notround intermediate calculations. Round your final answer to the nearest cent.Total cost of interest:
Use the following amortization chart:Selling price of home: $Down payment: $Principal loan: $Rate of interest: Years: Payment per $: $Monthly mortgage payment: $Assume the interest rate rises to What is the total cost of interest with the new interest rate? Use Table Do notround intermediate calculations. Round your final answer to the nearest cent.Total cost of interest:
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