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1 . A home mortgage of $ 2 0 0 , 0 0 0 with a fixed APR of 4 % for 3 0 years.For

1. A home mortgage of $200,000 with a fixed APR of 4% for 30 years.For each of the following problems:
a. Calculate the monthly payment
b. Determine the total amount paid over the term of the loan
c. Of the total amount paid, how much of the total is interest?
1. A home mortgage of $200,000 with a fixed APR of 4% for 30 years
2. You borrow $10,000 for a period of 5 years at a fixed APR of 6.5%
3. You borrow $14,000 for a car loan of 5 years at a fixed APR of 4.1%
4. You borrow $150,000 for a period of 15 years at a fixed APR of 5%
5. A student loan of $100,000 with a fixed APR of 5.5% for 20 years.

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