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Calculate the monthly payments of a30-year fixed-rate mortgage at 7.75 percent for $192,100. How much interest is paid over the life of theloan? The monthly

Calculate the monthly payments of a30-year fixed-rate mortgage at 7.75 percent for $192,100. How much interest is paid over the life of theloan?

The monthly payments of a30-year fixed-rate mortgage at 7.75 percent for $192,100 is $____. (Round to the nearestcent.)

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