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Jennifer has a 30-year mortgage loan. She borrowed $375,000 and this amortized loan has monthly payments. The annual interest rate is 8%. How much of
Jennifer has a 30-year mortgage loan. She borrowed $375,000 and this amortized loan has monthly payments. The annual interest rate is 8%. How much of her first month's payment goes toward interest? O $2,571.88 O $2,248.31 O $2,500.00 O $1,875.00
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