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22-02-2024
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Max is purchasing a home! he has agreed to 3.75% interest over 30 years; his mortgage is $108000. if he pays $692 a month (no more, no less) each month for 30 years, how much will max pay in interest over the lifetime of the mortgage?
a) $109,920
b) $99,920
c) $119,920
d) $89,920

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