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Consider a $100,000 30-year, fixed-rate mortgage with an annual interest rate of 6.50% and monthly payments. How much of the total expenses on mortgage payments

Consider a $100,000 30-year, fixed-rate mortgage with an annual interest rate of 6.50% and monthly payments. How much of the total expenses on mortgage payments go toward interest during the first three years (round to the nearest dollar)?

A. $15,858

B. $10,220

C. $19,172

D. $4,274

E. $2,540

F. $22,755

G. $3,583

H. $16,167

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