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uestion 1 (3 points) Don just recently purchase a new house. He borrowed $135,000 at an interest rate of 4.124%, compounded monthly. The loan is

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uestion 1 (3 points) Don just recently purchase a new house. He borrowed $135,000 at an interest rate of 4.124%, compounded monthly. The loan is for 30 years with a monthly payment of $654.28. How much in interest will Don pay over the life of the loan? a) $19,628.40b Ob) $235,540.80 Oc) $135,000.00 d) $100,540.80 Question 2 (3 points) Steve invested $3,600 today. How much will be in his account in 5 years if the account earns 8% annually? a) $264,516.68 Ob) $5,363.44 c) $19,440.00 d) $5.289.58 5245010

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