What would the total lifetime payment be

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Over the last ?fty years, mortgage rates have ?uctuated from a high of around $18 1/2 % in the early 1980s to a low of around $4 1/2 % last fall. What would the monthly payments be on a thirty-year $100,000 mortgage at each rate? What would the total lifetime payment be?

Reference no: EM13193505

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