Question: Word Problem 1 5 - 9 ( Algo ) [ LU 1 5 - 1 ( 3 ) ] References CNBC . com reported mortgage

Word Problem 15-9(Algo)[LU 15-1(3)] References CNBC.com reported mortgage applications increased 9.9\% due to a decrease in the rate mortgages. Joe Sisneros wants to purchase a vacation home for \(\$ 270,000\) with \(20\%\) do payment for a 30-year mortgage at \(3.5\%\). Calculate total interest. (Use Table 15.1.) Note: Round your intermediate calculations and final answers to the nearest cent.
Word Problem 1 5 - 9 ( Algo ) [ LU 1 5 - 1 ( 3 )

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