How much total interest will you pay

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Question: You borrow $200,000 to buy a house. The mortgage rate is 7.5% and the loan period is 30 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much total interest will you pay? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131948352

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