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Find the total interest for a mortgage of $112,500 at 6% for 30 years. O $130,500.00 $125,876.54 O $243,000.00 $241,393.60 Question 26 2 pts Lisa

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Find the total interest for a mortgage of $112,500 at 6% for 30 years. O $130,500.00 $125,876.54 O $243,000.00 $241,393.60 Question 26 2 pts Lisa bought a home with an adjustable-rate mortgage. The margin on the loan is 4.2% and the rate cap is 5.75% over the life of the loan. If the current index rate is 6.6%, what is the calculated interest rate of the ARM? 6.75% 9.5% 10.8% 12.5%

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