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3. Joe Levi bought a home in Arlington, Texas, for $130,000. He put down 25% and obtained a mortgage for 30 years at 6.00%. (Use

3. Joe Levi bought a home in Arlington, Texas, for $130,000. He put down 25% and obtained a mortgage for 30 years at 6.00%. (Use Table 15.1.) a. What is Joes monthly payment? (Round your intermediate values and final answer to the nearest cent.) Monthly payment $ b. What is the total interest cost of the loan? (Use 360 days a year. Round your intermediate values and final answer to the nearest cent.) Total interest cost $

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