The difference in the total interest paid between the two


Lloyd and Jean are considering purchasing a home requiring a $84,000 mortgage. The payment on a? 30-year mortgage for this amount is $657.83. The payment for a? 15-year maturity is $837.06. What is the difference in the total interest paid between the two different? maturities?

The difference in the total interest paid between the two different maturities is: _ (Round to the nearest? cent.)

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Financial Management: The difference in the total interest paid between the two
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