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You are buying a house for $150,000. With a 20% down payment, the lender will finance the remainder of the purchase price with a 30

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You are buying a house for $150,000. With a 20% down payment, the lender will finance the remainder of the purchase price with a 30 year CPM with bi-weekly payments at 6.125% annual rate. (hint: there are 52 weeks in one year) What is the total interest payment during the Second year of the loan? 8,012 O6,724 7,217 6,342

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