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You just took out a 30-year mortgage at 0.3% interest rate per month (means a 3.6% annual rate). You will make monthly payments of $2,000

You just took out a 30-year mortgage at 0.3% interest rate per month (means a 3.6% annual rate). You will make monthly payments of $2,000 for the next 12*30=360 months. What is the total dollar amount that the bank gave you today?

a) 66,665

b) 439,903

c) 720,000

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