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A young couple buying ther first home borrow 540,000 for 30 years at 7.996, compounced monthly, and make payments of s 581 . 44 ,

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A young couple buying ther first home borrow 540,000 for 30 years at 7.996, compounced monthly, and make payments of s 581 . 44 , After ia yearis, they are oble to miake a ond-bithe pasment of 12,000 along with theit atth payment (a) find the undaid baiance immediately affer they pay the extra {2,000 and their 4 the poyment iffound your ancwer to the nearest cent ) 5 (b) Haw miny reqular payments of 5501.44 will antortite the inpaid balance from part (a) ? Give the answer to one decinal point: peyments 1 1 . (d) How much will the coupse Day over the life of the loan, by paying the mstra 12,060 (llound youl ansher to the neareit crat) (1) (e) Haw much will the couple save over the life of the loan by paying the estra \$2,0a0? (use your answer from part (b). Round your answer to the ivearest cent, A young couple buying ther first home borrow 540,000 for 30 years at 7.996, compounced monthly, and make payments of s 581 . 44 , After ia yearis, they are oble to miake a ond-bithe pasment of 12,000 along with theit atth payment (a) find the undaid baiance immediately affer they pay the extra {2,000 and their 4 the poyment iffound your ancwer to the nearest cent ) 5 (b) Haw miny reqular payments of 5501.44 will antortite the inpaid balance from part (a) ? Give the answer to one decinal point: peyments 1 1 . (d) How much will the coupse Day over the life of the loan, by paying the mstra 12,060 (llound youl ansher to the neareit crat) (1) (e) Haw much will the couple save over the life of the loan by paying the estra \$2,0a0? (use your answer from part (b). Round your answer to the ivearest cent

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