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    Personal Finance Study Set 14
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    Exam 3: Understanding and Appreciating the Time Value of Money
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    With a Mortgage Loan of $150,000 at an Annual Percentage
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With a Mortgage Loan of $150,000 at an Annual Percentage

Question 133

Question 133

True/False

With a mortgage loan of $150,000 at an annual percentage rate of 6% for 30 years,you will pay over $150,000 in interest before your loan ends.

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