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You bought a ski chulet at Mount Tremblant for $300,000 You borrow the full amount over a 20-year term The bank quotes you a rate
You bought a ski chulet at Mount Tremblant for $300,000 You borrow the full amount over a 20-year term The bank quotes you a rate of 67. You choose to make 26 payments per year Over the life of the mortgage, what is the total amount of interest that you pay? The total amount of interest pad over the life of the mortgage is $ (Round to the nearest cant as needed)
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