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Business, 20.02.2020 19:02 penelopegrace04

Your parents are buying a house for $187,500 They have a good credit rating, are making a 20% down payment, and expect to pay $1,575/month The interest rate ror the mortgage is 4 65% How much interest is paid at the end of the second month? Be sure to include the following in your response the answer to the original question the mathematical steps for solving the problem demonstrating mathematical reasoning

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