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A 15-years 200,000 mortgage has a fixed mortgage rate of 2.5percent. Estimate the interest portion of the payment in the secondmonth. For example, if you

A 15-years 200,000 mortgage has a fixed mortgage rate of 2.5percent. Estimate the interest portion of the payment in the secondmonth. For example, if you find that the interest portion in thesecond month is $358.56, type "358.56" in the box.

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