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1. What is the monthly payment on the following $400,000 mortgages, and what will be the TOTAL amount of interest paid over the life of

1. What is the monthly payment on the following $400,000 mortgages, and what will be the TOTAL amount of interest paid over the life of the loan? A. 30 yr, 2.95% B. 30 yr, 7.49% C. 15 yr, 2.95% D. 15 yr, 7.49%

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