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1. Inorder, to purchase a home a family borrows $124,000. to be amatized at 9% Interest A.) What is their monthly payment if the

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1. Inorder, to purchase a home a family borrows $124,000. to be amatized at 9% Interest A.) What is their monthly payment if the term of the loanis 25 years? Ment if B). What is the monthly pay the the term of the loan 13 10 years?. CD How much more interest will be Daid in total if the term of the loan is 25 years than if it is years?

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