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Calculate the monthly payments of a 30-year fixed-rate mortgage at 7.25 percent for $105,900. How much interest is paid over the life of the loan?

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Calculate the monthly payments of a 30-year fixed-rate mortgage at 7.25 percent for $105,900. How much interest is paid over the life of the loan? Click on the table icon to view the MILPF table : . The monthly payments of a 30-year fixed-rate mortgage at 7.25 percent for $105,900 is $ (Round to the nearest cent.) Monthly Installment Loan Tables ($1,000 loan ith interest payments compounded monthly) 18 24 30 36 48 60 72 84 96 120 360 4.00% 57.33 43.42 35.08 29.52 22.58 18.42 15.65 13.67 12.19 10.12 4.77 4.25% 57.44 43.54 35.19 29.64 22.69 18.53 15.76 13.78 12.31 10.24 4.92 4.50% 57.56 43.65 35.31 29.75 22.80 18.64 15.87 13.90 12.42 10.36 5.07 4.75% 57.67 43.76 35.42 29.86 22.92 18.76 15.99 14.02 12.54 10.48 5.22 5.00% 57.78 43.87 35.53 29.97 23.03 18.87 16.10 14.13 12.66 10.61 5.37 5.25% 57.89 43.98 35.64 30.08 23.14 18.99 16.22 14.25 12.78 10.73 5.52 5.50% 58.01 44.10 35.75 30.20 23.26 19.10 16.34 14.37 12.90 10.85 5.68 5.75% 58.12 44.21 35.87 30.31 23.37 19.22 16.46 14.49 13.02 10.98 5.84 6.00% 58.23 44.32 35.98 30,42 23.49 19.33 16.57 14.61 13.14 11.10 6.00 6.25% 58.34 44.43 36.09 30.54 23.60 19.45 16.69 14.73 13.26 11.23 6.16 6.50% 58.46 44.55 36.20 30.65 23.71 19.57 16.81 14.85 13.39 11.35 6.32 6.75% 58.57 44.66 36.32 30.76 23.83 19.68 16.93 14.97 13.51 11.48 6.49 7.00% 58.68 44.77 36.43 30.88 23.95 19.80 17.05 15.09 13.63 11.61 6.65 7.25% 58.80 44.89 36.55 30.99 24.06 19.92 17.17 15.22 13.76 11.74 6.82 7.50% 58.91 45.00 36.66 31.11 24.18 20.04 17.29 15.34 13.88 11.87 6.99 7.75% 59.03 45.11 36.77 31.22 24.30 20.16 17.41 15.46 14.01 12.00 7.16 8.00% 59.14 45.23 36.89 31.34 24.41 20.28 17.53 15.59 14.14 12.13 7.34 760.60 261 24 27 nn 21.15125219 an 17 16 71 14 2 12.3717611 our Study Print Done

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