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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
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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