The purchase price of Melissa Lawson's new home was $505,000. She paid a $40,000 down payment and mortgaged the remainder for 30 years at 4.5%. Find the total cost of her mortgage payments over the 30-year span of the loan.
| None of these choices are correct. |
| $507,655 |
| $495,890 |
| $485,925 |
| $512,650 |
