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A mortgage loan of $ 1 0 2 , 5 4 2 at 6 % compounded monthly is amortized by equal monthly payments over 2

A mortgage loan of $102,542 at 6% compounded monthly is amortized by equal monthly payments over 25 years. What is the total amount of interest that would be paid over the entire amortization period? $198,203 $95,662 $44,500 $103,622 $88,297

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