Brad decides to purchase a $200,000$200,000 house. He wants to finance the entire balance. He has received an APR of 3.2%3.2%

Question

Brad decides to purchase a $200,000$200,000 house. He wants to finance the entire balance. He has received an APR of 3.2%3.2% for a 3030-year mortgage. Over the course of the loan, how much interest will Brad pay? Round your answer to the nearest hundredth.

Kunduz · Accepted Answer

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