1a. The bank is offering 5.85% for a 30 year mortgage loan, monthly payments. You arrange to borrow $200,000. Calculate the monthly payment. (closest answer)

a. 1,200.35

b. 1,190.35

c. 1,179.88

d. 1,170.00

1b. The most recent Initial Jobless Claims Report in the United States came in at

a. 254,500

b. 243,500

c. 238,000

d. 222,350