7. Fortunately before Jacquelins could go to the bank to purchase her home, she had a conversation with her dad He told her to finance the home for 20 years instead of 10 years to save in interest Jacqueli nervous that hat mortgage payment will be too high but is concidering this option ) (3pt what would her monthly payment be if she goes with this option (interest rates st.25% N FV- 1%- P/Y= PV- PMT C/Y- PMT: END BEGIN b) (2 pts) in total, how much will Jacquelin pay if she pays her loan off in 20 years? S Show your work c) pts) in total, how much will Jacquelin pay in Interest? 5 Show your work 8. Compare your answers in questions and a) (4 pts) Write 2-3 sentences explaining the advantages of the 20-year loan b) (4 pts) Write 2-3 sentences explaining the disadvantages of the 20-year loan. pg 4