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Use the following information to answer the questions Price of home to purchase- $300,000 Rate-2.8% (15 year) 3.2% (30 year) Down Payment-$65,000 What is the

Use the following information to answer the questions Price of home to purchase- $300,000 Rate-2.8% (15 year) 3.2% (30 year) Down Payment-$65,000 What is the interest that will be paid monthly for a 30 year loan? (round to 2 decimals)

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