Calculate the total amount of interest that you would have

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Reference no: EM132052487

I want you to figure what your monthly P&I payment would be if you go with a 30-year mortgage.

Use a rate of 4.125% on borrowing $175,000. Also, calculate the total amount of interest that you would have paid over 15 years.

Please include steps (keystrokes) for the finding the solution using a TI BA Analyst II calculator.

Reference no: EM132052487

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