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Compute the monthly payment, total payments and total interest on a mortgage loan of $160,000 at 12 percent per year for 25 years.(Assume the mortgage

Compute the monthly payment, total payments and total interest on a mortgage loan of $160,000 at 12 percent per year for 25 years.(Assume the mortgage is compounded monthly.)

Monthly payment $

Total payments $

Total interest $

**NOTE: Round answers to nearest WHOLE number.

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