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Judith has recently taken out a mortage for $175,000 at a rate of 3.2%, compounded semi-annually, with an amortization period of 22 years. How much

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Judith has recently taken out a mortage for $175,000 at a rate of 3.2%, compounded semi-annually, with an amortization period of 22 years. How much interest will she pay in the 40th month? Her payments are monthly. A $401 B $414 C $508 D $493

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