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Question 2 (1 point) A mortgage loan of $132,000 at 6% compounded semi-annually is to be amortized over 25 years by equal monthly payments. How

Question 2 (1 point)

A mortgage loan of $132,000 at 6% compounded semi-annually is to be amortized over 25 years by equal monthly payments. How much interest will be included in the first payment?

a	$792
b	$487
c	$660
d	$652

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