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Mathematics 12 Online
OpenStudy (nikki17_guess):

Mae took out a 30-year loan for $235,000 at 4.6% interest, compounded monthly. If her monthly payment on the loan will remain $1204.71 for the life of the loan, how much will Mae have paid in interest once the loan is paid off? A. $324,300.00 B. $235,000.00 C. $198,695.60 D. $433,695.60

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