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Suppose you have taken out a $ 4 0 0 , 0 0 0 fully - amortizing fixed rate mortgage loan that has a term

Suppose you have taken out a $400,000 fully-amortizing fixed rate mortgage loan that has a term of 15 years and an interest rate of 3.75%. After 1 year of the mortgage, how much interest was paid on the loan?
A.$15,258
B.$14,654
C.$12.459
D.$14,129

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