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Ricardo obtains a 15-year, $114,250 mortgage at 4.0% on a house selling for $129,000. His...

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Ricardo obtains a 15-year, $114,250 mortgage at 4.0% on a house selling for $129,000. His monthly payment, including principal and interest is $845.09.a) Determine the total amount that Ricardo will pay for His mortgage.(Round to the nearest dollar.)Total amount: $b) How must of the total cost will be interest?Total interest: $(Round to the nearest dollar.)c) How much of the first payment on the mortgage is applied to the principal?Amount applied to principal: $(Round to the nearest cent.)

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