You borrow 200000 to buy a house the mortgage rate is 75


You borrow $200,000 to buy a house. The mortgage rate is 7.5% and the loan period is 30 years. Payments are made monthly. If you pay the mortgage according to the loan agreement, how much total interest will you pay?

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Financial Management: You borrow 200000 to buy a house the mortgage rate is 75
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