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April obtains a 15-year, $118,550 mortgage at 5.0% on a house selling for $134,000. Her monthly payment, including principal and interest is $937.49. a) Determine

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April obtains a 15-year, $118,550 mortgage at 5.0% on a house selling for $134,000. Her monthly payment, including principal and interest is $937.49. a) Determine the total amount that April will pay for Her mortgage. Total amount: $ (Round to the nearest dollar.) b) How must of the total cost will be interest? Total interest: $ (Round to the nearest dollar.) c) How much of the first payment on the mortgage is applied to the principal? Amount applied to principal: $ (Round to the nearest cent.)

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