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Mathematics, 11.10.2020 09:01 heavenwagner

Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not had a bankruptcy on her credit report, her payments could have been $424.07 per month. How much is Terry paying in additional interest over the life of the loan? a. $49,200.00 b. $2,272.36 c. $163.00 d. $56,809.00

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Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not...

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