Question: Note Enter your answer and show all the steps that you use to solve this problem in the space provided Your parents are buying a

Note Enter your answer and show all the steps that you use to solve this problem in the space provided 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 for 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 orginal question the mathematical steps for solving the problem demonstrating mathematical reasoning

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