4. Table 1 - Simple Interest Period Beginning Interest Ending 1 st six months 2nd six months 3rd six months 4th six months Table 2 - Compounded Semi-Annually Period Beginning Interest Ending 1 st six months 2nd six months 3rd six months 4th six months The difference between compounded semi- annually and simple interest is: 5. Table 3 - Mortgage Calculations Purchase price $253,400.00 Mortgage (909%) Down Payment Mortgage Insurance Premium (2 34 9%) Total Mortgage.

4. Table 1 - Simple Interest Period 1st six months 2nd six months 3rd six months 4th six months Beginning Interest Ending Table 2 Compounded Semi-Annually Period 1st six months 2nd six months 3rd six months 4th six months Beginning Interest Ending The difference between compounded semi- annually and simple interest is: 5. Table 3 - Mortgage Calculations Purchase price Mortgage (90%) Down Payment Mortgage Insurance Premium (2 % %) Total Mortgage $253,400.00