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18 March, 10:01

The Lagan family bought a $150,000 home in 2002. They obtained a mortgage loan for 30 years. The monthly payments, not including property taxes and insurance, are $895.00. Assuming these monthly payments do not change, how much interest will be paid on the house during the 30 years?

Answers (1)
  1. J
    18 March, 12:20
    0
    172,200 is the correct answer
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