answers are not: $1624 or $1640 or $1043

Ben and Carla Manchester plan to buy a condominium. They will obtain a $152,000, 25-year mortgage at 6.5 percent. Their annual property taxes are expected to be $2,820. Property insurance is $816 a year, and the condo association fee is $295 a month. Based on these items, determine the total monthly housing payment for the Manchesters. Use Exhibit 9-9. (Round time value factor to 2 decimal places and final answer to the nearest whole number.) Answer is complete but not entirely correct. h Total monthly housing payment $ 1,043 X Torm Rato 30 Yoars 25 Yoars 20 YOATS 15 Yoars 3.0% $4.22 $4.74 $5.55 $6.91 3.5 4.49 5.01 5.80 7.15 4.0 4.77 5.28 6.06 7.40 4.5 5.07 5.56 6.33 7.65 5.0 7.91 5.37 5.85 6.60 5.5 5.68 6.14 6.88 8.17 6.0 6.00 6.44 7.16 8.43 6.5 6.32 6.67 7.45 8.71 70 6.65 706 7.75 8.98 7.5 6.99 7.39 9.27 8.06 8.0 7.34 7.72 8.36 9.56 8.5 7.69 8.05 8.68 9.85