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Mr. and Mrs. Thompson purchased a condominium. It was financed with a $185,500, 30-year, 3.875% compounded monthly mortgage. How much interest was included in their

Mr. and Mrs. Thompson purchased a condominium. It was financed with a $185,500, 30-year, 3.875% compounded monthly mortgage.
How much interest was included in their first payment?
Please show your work if possible and label answer. Thank you.

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