An auto parts store sells for $175,000 and a 30% down payment is made. A 10-year mortgage at 7.5% is obtained, and closing costs are $9600. 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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