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34. You take out a 30-year, $300,000 mortgage loan with you decide to sell your house and pay off the mortg what is the principal

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34. You take out a 30-year, $300,000 mortgage loan with you decide to sell your house and pay off the mortg what is the principal balance remaining on the loan, paid on the loan? yar, 300,000 mortgage loan with an APR of 6% and monthly payments. In 12 years. in your house and pay off the mortgage. What were your monthly mortgage payments, par balance remaining on the loan, and what is the cumulative total of the interest you've o nge payment was $1,798.65, Principal balance maining is $237,238.32, Cumulative total of interest paid is $196,244.15 B Mongage payment was $1,798.65, Principal balance remaining is $62,761 68, Cumulative total of interest paid is 514.244.15 Mortgag Mortgage payment was $1.598 65. Principal halangem is $237 238.32, Cumulative total of interest paid is $16.244.15 D. Mortgage payment was 51,598 65. Principal balance remaining is 562,76168, Cumulative total of interest paid is $250.005.60 E None of the above 35. If you want to be able to spend $75,000 a year for 20 years, once you retire in 40 years, how much must you save each year until retirement to meet your retirement goal, if the interest rate is 6% per year? A $5,158.10 B. $5,358.30 C. $5,458.40 D. $5,558,50 E. None of the above 36 What is the bond's A bond with a face value of $3,000 has a current yield of 7% and a coupon rate of 8% price? A $3.428 57 B. $3,328.57 C. $3,228,57 D. $3,128.57 E. None of the above and sells for $5,500 37. A bond with a face value of $5.000 has 10 years until maturity cunon rate of 3% and sells for What is the current yield on the bond, and what is the yield to maturity! A 2.73% Current Yield and 2.48% Yield to Maturity B 2.95% Current Yield and 2.48% Yield to Maturity C. 3.27% Current Yield and 1.30% Yield to Maturity D. 3.27% Current Yield and 1.50% Yield to Maturity E None of the above

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