A computer store sells for $2,000,000. The buyer made a 40% down payment and secured a 20-year mortgage on the balance at 3.5%. Round to the nearest cent, if necessary. Part 1 of 4 The down payment is Part 2 of 4 The amount of the mortgage is Part 3 of 4 The monthly payment is Part 4 of 4 Over the life of the loan, $__________ in interest will be paid.

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