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On June 1, you borrowed $395,000 to buy a house. The mortgage rate is 4.50 percent. The loan is to be repaid in equal monthly

On June 1, you borrowed $395,000 to buy a house. The mortgage rate is 4.50 percent. The loan is to be repaid in equal monthly payments over 15 years. All taxes and insurance premiums are to be paid separately. a The first payment is due on July 1. How much of the fifth payment goes toward interest?

A. 1,467

B. 1,481

C. 2,219

D. 1,458

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