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A 1 3 - year loan for $ 1 , 5 0 0 , 0 0 0 is to be amortized by equal monthly payments.

A 13-year loan for $1,500,000 is to be amortized by equal monthly payments. If the APR is at 7.53%, find the amount of the interest in the first payment.
$_____________.(calculate to cents.)

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