6. A 15 year mortgage has an annual rate of 2.4%, calculate the monthly payments on a $200,000 loan. 7. Assuming a 30 year mortgage with an annual rate of 3% (with monthly payments of $500) and a $10,000 down payment what is the most money that an individual can spend on a house? 8. A firm has $2,000,000 in a fund that is used to pay creditors. The fund earns 1.5% a year. If withdrawals are made once a week for 5 years (with no money left after the 5 years), how much money can be taken out each week