You borrow $ 1 4 5 , 0 0 0 to buy a house. The mortgage rate
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Question:
You borrow $ to buy a house. The mortgage rate is percent and
the loan period is years. Payments are made monthly. If you pay the
mortgage according to the loan agreement, how much total interest will you
pay?
You must use the financial calculator to solve this problem and leave at
least decimal places for both the final answer and any intermediate steps
please if possible use a financial calculator to solve this and explain step by step
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