You wish to take out a $375,000 mortgage, which is to be paid monthly. The yearly interest rate on the loan is 3% and the loan is for 25 years. Calculate the total interest paid over the life of the loan.
Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.

If you draw a card with a value of three or less from a standard deck of cards, i will pay you $43. if not, you pay me $11. (aces are considered the highest card in the deck.) step 1 of 2 : find the expected value of the proposition. round your answer to two decimal places. losses must be expressed as negative values.