Compare the following two loans. Loan 1: $175,000, 8% annual interest, 30 years (monthly PMTs) Loan 2:

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Compare the following two loans. Loan 1: $175,000, 8% annual interest, 30 years (monthly PMTs) Loan 2: $175,000, 7% annual interest, 15 years (monthly PMTs) How much more total interest do you pay on the 30 year loan vs. the 15 year loan?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Oct 24, 2023 12:34 PM

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Compare the following two loans. Loan 1: $175,000, 8% annual interest, 30 years (monthly PMTs) Loan 2:

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Income Tax Fundamentals 2013

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