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You purchase a home for $578,000. You make a down payment of 20% and finance the remaining amount with a 30-year mortgage having an annual
You purchase a home for $578,000. You make a down payment of 20% and finance the remaining amount with a 30-year mortgage having an annual percentage rate of 2.29%, compounded monthly. How much total interest will you pay on this loan after 30 years? Round your answer to the nearest dollar. Total Interest Paid: $
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