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Mortgages and Loans Calculate the monthly payment and interest cost for a mortgage Question You wish to take out a $375,000 mortgage, which is to

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Mortgages and Loans Calculate the monthly payment and interest cost for a mortgage Question You wish to take out a $375,000 mortgage, which is to be paid monthly. The yearly interest rate on the loan is 3% and the loan is for 25 years. How much will the total interest be? Give your answer to the nearest dollar. Provide your answer below

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