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Kayla has a mortgage of $492,000 through her bank for property purchased. The loan is repaid by end of month payments of $2,636.38 with an
Kayla has a mortgage of $492,000 through her bank for property purchased. The loan is repaid by end of month payments of $2,636.38 with an interest rate of 3.01% compounded monthly over 21 years. What is the interest included in the 41st payment of the mortgage? Enter a POSITIVE VALUE rounded to two decimal places. $
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