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#17 A couple has just purchased a home for $334,100.00. They will pay 20% down in cash, and finance the remaining balance. The mortgage broker

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#17 A couple has just purchased a home for $334,100.00. They will pay 20% down in cash, and finance the remaining balance. The mortgage broker has gotten them a mortgage rate of 4.68% APR with monthly compounding. The mortgage has a term of 30 years. unanswered not_submitted Attempts Remaining: Infinity How much interest is paid in the first year? Submit Answer format: Currency: Round to: 2 decimal places

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