If you borrowed $200,000 to buy a house at 6% interest per year, compounded annually, and paid back the principal and interest at the end of 30 years, how much would you pay back? (Fill in the blank...

If you borrowed $200,000 to buy a house at 6% interest per year, compounded annually, and paid back the principal and interest at the end of 30 years, how much would you pay back?


(Fill in the blank below and round your answer to 2 decimal places.)


You would pay back $______.