6. How long will it take $65,000 to double if it earns 9.85% interest annually? A. 7.38 months B. 7.38 years C. 8.04 months D. 8.04 years E. None of the above Use the following information to answer questions 7 and 8: Becky is purchasing her first home and has been offered a 15-year mortgage with a rate of 3.25%. After her down payment, she will end up borrowing $190,000 7. What will Becky's monthly payment be? A. $1,058.54 B. $1,135.07 C. $1,381.72 D. $6,194.58 E. None of the above 8. How much of Becky's first monthly payment will be applied to interest? $ B. $593.75 C. $4,175.00 D. $6,175.00 E None of the above Ethio Statet n Forum 142