You bought a ski chalet at Mount Tremblant for $220,000 220,000. You borrow the full amount over

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You bought a ski chalet at Mount Tremblant for $220,000

220,000. You borrow the full amount over a 20

20-year term. The bank quotes you a rate of 5.7

5.7%. You choose to make 12

12 payments per year. Over the life of the mortgage, what is the total amount of interest that you pay?

The total amount of interest paid over the life of the mortgage is $

Posted Date: May 17, 2024 11:08 AM

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You bought a ski chalet at Mount Tremblant for $220,000 220,000. You borrow the full amount over

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