Answer all plz!!! :)

Use the following information to answer the questions. Carrie and Joe each want to buy a new house. They each plan to get a $220,000 mortgage and finance their homes for 30 years.

Carrie has little debt, uses her credit cards responsibly and, as a result, has a high credit score. Carrie qualifies for a 6.25% fixed rate mortgage.

Joe on the other hand carries large balances relative to his income and pays his bills 'when he gets around to it.' As a result, his credit score is low. Joe qualifies for a 8.25% fixed rate mortgage.

1.

Ignoring taxes and insurance, what will Carrie's monthly mortgage payment be?

Question 1 options:

	$1,426.92
	$1,354.58
	$1,440.49
	$1,589.75
	$1,031.38

2.

Ignoring taxes and insurance, what will Joe's monthly mortgage payment be?

Question 2 options:

	$1,240.99
	$1,748.29
	$1,426.92
	$1,131.38
	$1,652.79

3.

How much will Carrie pay in interest over the life of her mortgage?

Question 3 options:

	$184,100.10
	$293,689.69
	$151,296.12
	$175,411.34
	$267,648.02

4.

How much will Joe pay in interest over the life of her mortgage?

Question 4 options:

	$445,507.02
	$254,100.10
	$225,637.92
	$375,003.15
	$293,689.69