$(1$ point$)$

A couple has decided to purchase a $$150000$ house using a down payment of $$12000.$ They can amortize the balance at $12\%$ over $30$ years.

a$)$ What is their monthly payment?

Payment $=$$

b$)$ What is the total interest paid?

Total interest paid $=$$

c$)$ What is the equity after $5$ years?

Equity after $5$ years $=$$

d$)$ What is the equity after $25$ years?

Equity after $25$ years $=$$Sally has a sum of $$15000$ that she invests at $5\%$ compounded monthly. What equal monthly payments can she receive over a period of

a$)6$ years?

Payment $=$ $

b$)10$ years?

Payment $=$ $