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Congratulations, you just bought your first condo. Northwest CO Bank offers you a 10 year mortgage with monthly payments. The terms of the mortgage loan

Congratulations, you just bought your first condo. Northwest CO Bank offers you a 10 year mortgage with monthly payments. The terms of the mortgage loan require you to pay $140 per month at 4% interest. If you hold the condo for the ten years and pay off the entire loan, how much payments and interest will Northwest CO Bank have earned on your mortgage?

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