Question: Barry borrowed $ 2 0 0 , 0 0 0 to purchase a new house. The APR is 6 % and the term of the

Barry borrowed $200,000 to purchase a new house. The APR is 6% and the term of the loan is 30 years. Barry's monthly mortgage payment is $1,199.10. If Barry takes the full 30 years to pay off the loan, how much will Barry have to pay in total?

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