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You plan to purchase a 130,000 house using 15-year mortgage obtained from your local bank. The mortgage rate offered to you is 4%. You will

You plan to purchase a 130,000 house using 15-year mortgage obtained from your local bank. The mortgage rate offered to you is 4%. You will make the down payment of 20 percent of the purchase price. Calculate the amount of interest paid over the life of this mortgage? Group of answer choices 36,470.48 32,470.28 34,470.40 38,470.40

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