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Your family just bought a home for $250,000.You paid a down payment of $20,000. If interest rates are at 6.

Your family just bought a home for $250,000. You paid a down payment of $20,000. If interest rates are at 6.25% for your 30-year loan, with payments made monthly, how much interest will you pay over the first six years if you make the minimum monthly payment each month (to the nearest dollar)?


$19,005

$88,273 

$90,171 

$82,958 

$81,211 

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