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Anna is buying a house selling for 245,000. To obtain the mortgage, Anna is required to make a 10% down payment. Anna obtains a 25-year

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Anna is buying a house selling for 245,000. To obtain the mortgage, Anna is required to make a 10% down payment. Anna obtains a 25-year mortgage with an interest rate of 6%. a) Determine the amount of the required down payment. b) Determine the amount of the mortgage. c) Determine the monthly payment for principal and interest. i Monthly Principal and Interest Payment per $1000 of Mortgage A Click the icon to view the table of monthly payments. a) Determine the amount of the required down payment. $0 Rate 10 b) Determine the amount of the mortgage. 4.0 4.5 5.0 10.12451 10 36384 10.40655 Number of Years 15 20 25 30 $739688 $6.05990 5.27837 $4.77415 7 64993 6 32649 SSSR32 5.66685 7907946 59956 5.849 5 .16822 8.170R36878876.140875.67789 3.4385771631645.99551 c) Determine the monthly payment for principal and interest. SS1035263 601110205 65 $ (Round to the nearest cent.) 11 35480 8 .71107 7.45573 6.75 2076 11.610858.988287.75209746779 11.87018 9.27012 BOSS03 7.38991 12.13276 9 55652 16400 771816 12 857 9.84760 8.67823 8 .65 227 1266759 10,14267 3 99726 89196 .32068 6,65302 6,99215 71765 7.5 85 90 7.69913 8.04623 9 $ 100 10.5 8 9 12.93976 10.44225 9.32131 13.21507 10.74605 965022 13.49390 11.5399 9 98580 13.77500 11 16.59710 17183 14.05054 1168120 1 0664 14 34709 12.00108 1101086 .73637 8.40854 ,08701 8.77572 .441829 .14739 980113952323 10.1616) 9.90291 11,0 11.5 12.0 10.53224 10.28613 Enter your answer in each of the answer boxes. Print Done

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