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You recently assumed a 15-year mortgage for $250,000 at 3.5 percent interest. How much of the second monthly payment will be applied to interest? Multiple
You recently assumed a 15-year mortgage for $250,000 at 3.5 percent interest. How much of the second monthly payment will be applied to interest?
Multiple Choice
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$726.08
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$934.18
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$682.02
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$810.52
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$563.02
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