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Mary has purchased a house for $140,000. She has paid a 20% down payment and will finance the remaining amount at 5.5% for 25 years.

Mary has purchased a house for $140,000. She has paid a 20% down payment and will finance the remaining amount at 5.5% for 25 years. Find the following: (a) The amount of the mortgage (b) The monthly payment (c) find the total interest paid over the life of the loan.

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