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Assume the bank is offering a $9,000,000, 30-year fixed rate mortgage loan, payable monthly at 5.25% annual interest rate. What is the amount of interest

Assume the bank is offering a $9,000,000, 30-year fixed rate mortgage loan, payable monthly at 5.25% annual interest rate. What is the amount of interest associated with the 31^st payment?

Group of answer choices

$38,326.78

$38,129.04

$38,642.89

$37,930.49

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