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You recently borrowed all of the funds needed to buy a $220,000 house; the loan terms included annual payments for a 30-year term at an

You recently borrowed all of the funds needed to buy a $220,000 house; the loan terms included annual payments for a 30-year term at an interest rate of six percent. What is the total amount of interest that the company will pay on the loan? Use time value of money factors with at least 4 decimals places. As needed, round your final answer (but not intermediate steps) to the nearest whole dollar

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Mathematical Applications for the Management Life and Social Sciences

Authors: Ronald J. Harshbarger, James J. Reynolds

11th edition

978-1305108042

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