You are in the market to buy a home. You plan on borrowing $ 3 6 1

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Question:

You are in the market to buy a home. You plan on borrowing $

361, 683

from the bank. Interest rates are currently

4 %

for a

30

year mortgage

(

hypothetically

,

not actually

) .

How much money will you pay in interest over the lifetime of the loan? Round to the nearest whole number.

Posted Date: May 10, 2024 02:01 AM

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You are in the market to buy a home. You plan on borrowing $ 3 6 1

Question:

Expert Answer:

Answer To calculate the total interest paid over the lifetime of the loan we ca... View the full answer

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