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Calculate the total payments on a $100,000 mortgage if payment is made at the end of each month, and the annual interest rate is 6.375%
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Calculate the total payments on a $100,000 mortgage if payment is made at the end of each month, and the annual interest rate is 6.375% for 15 years.
a. $156,085
b. $155,565
c. $154,742
d. $162,101
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