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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 30-Year Mortgage Loan of $100,000 at an Annual
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With a 30-Year Mortgage Loan of $100,000 at an Annual

Question 67

Question 67

True/False

With a 30-year mortgage loan of $100,000 at an annual interest rate of 7 percent,you will pay less $135,000 in interest before your loan ends.

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