Assuming that you make the payments according to the, Financial Management

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Assuming that you make the payments according to the

You are buying a house and have borrowed $223,000 at an annual interest rate of 6.8 percent. The terms of the loan require you to make monthly payments and to completely amortize the loan over fifteen years. Assuming that you make the payments according to the schedule, how much total interest are you going to pay over the life of the loan?

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