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Five years ago, the Blackwells purchased a house and took out a mortgage of $ 6 0 0 , 0 0 0 from the BMO
Five years ago, the Blackwells purchased a house and took out a mortgage of $ from the BMO bank. They amortized the mortgage over years at compounded semiannually for a year term. The bank calculated their monthly payment should be $
How much of the nd payment was interest?
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$
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