What is the difference in the total interest paid between

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Reference no: EM133433904

Question: Total Interest Paid. Lloyd and Jean are considering purchasing a home requiring a

?$68,000

mortgage. The payment on a? 30-year mortgage for this amount is

?$470.82.

The payment for a? 15-year maturity is

?$626.51.

What is the difference in the total interest paid between the two different? maturities? The difference in the total interest paid between the two different maturities is

Reference no: EM133433904

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