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OpenStudy (anonymous):
Please Help. 2. Sofia has a 5.2% fixed rate 30-year mortgage in the amount of $350,000. The total cost of principal and interest is about $691,880. Which of the following is closest to Sofia’s monthly payment? (1 point) $972 $1,167 $1,922 $2,306 3. Rick obtains a 25-year 7.2% fixed rate mortgage for $414,500. The monthly payments are about $2,982. What is the total amount of interest for Rick’s mortgage? (1 point) $29,844 $64,411 $444,344 $480,100
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