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Question 9 You get a 30-year mortgage loan of $185,000 at 5% interest. You make your first payment on March 1. Use your financial calculator

Question 9

You get a 30-year mortgage loan of $185,000 at 5% interest. You make your first payment on March 1. Use your financial calculator to calculate the calendar-year interest for Year 2.

$9,188.02

$9,048.38

$7,666.19

$9,072.14

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