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Chinyere purchased a new house for $ 2 0 0 , 0 0 0 and has a $ 1 8 0 , 0 0 0

Chinyere purchased a new house for $200,000 and has a $180,000,30-year mortgage with a 4 percent interest rate. Based on this information, how much will she pay in interest in her first year of payments?
Question 5 options:
A)
$3,170
B)
$7,142
C)
$7,936
D)
$10,312

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