Find the total amount of interest paid if the loan is $175,000  compounded at 6.24% for 30 years? Group of answer choices $272,492.19 $212,492.19 $252,492.19 $1075672.11

Economics Today and Tomorrow, Student Edition
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Chapter6: Saving And Investing
Section6.1: Why Save?
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Find the total amount of interest paid if the loan is $175,000  compounded at 6.24% for 30 years?
Group of answer choices
$272,492.19
$212,492.19
$252,492.19
$1075672.11 
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