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5. Anna and Kristof buy a house for $121,000. They pay 15% down and take out a 30-year loan at 5.4% interest rate for the

5. Anna and Kristof buy a house for $121,000. They pay 15% down and take out a 30-year loan at 5.4% interest rate for the remaining amount. (a) What are their monthly payments? (b) How much interest will they end up paying? (c) After paying on the house for 8 years, how much did they still own on the balance of the loan?
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5. Anna and Kristof buy a house for $121,000. They pay 15% down and take out a 30 -year loan at 5.4% interest rate for the remaining amount. (a) What are their monthly payments? (b) How much interest will they end up paying? (c) After paying on the house for 8 years, how much did they still own on the balance of the loan

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