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Gigi took out a mortgage of $250,000 at 4.5%, compounded semi-annually, to be amortized over 20 years. How much interest will she pay in the

Gigi took out a mortgage of $250,000 at 4.5%, compounded semi-annually, to be amortized over 20 years. How much interest will she pay in the second year of the mortgage? Payments are monthly.

A)18,912

B)5,021

C)10,625

D)8,228

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