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B Youve deded to buy a new house for $850 000 You will put a downpayment of 20% of the purchase price of the house.

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B Youve deded to buy a new house for $850 000 You will put a downpayment of 20% of the purchase price of the house. The bank will loan you the rest an interest rate of 35% APR for a 15 year on How much will be your monthly payment? Select one: a. Less than $1,500 per month 3,000 to $3,500 Od $4,000 to $4,500 Od $2,500 to $3.000 $3,500 to $4000 O More than $5500 Og $6,000 to $5.500 O $4.500 to $5 000 O$1.500 to $2.000 @ $2.000 10 $2,500 Q13: After one year how much have you paid in interest 1 Select one a $15.000 to $20.000 Ob 525 000 to $30,000 O $40,000 to $50,000 ad 530 000 to $35,000 O e $10,000 to $15,000 Otto 55.000 55,000 to $10,000 O $35,000 to $40.000 O $20.000 to 325.000 More than $50.000 Q14. Alter one year, how much have you paid in principal? Select one O a $20.000 to $25,000 O b $10,000 to $15,000 O c. 525 000 to $30,000 Od 0 to $5,000 O a $40,000 to $50,000 O 1 $5,000 to $10,000 O. More than $50,000 Oh $35,000 to $40.000 O $30,000 to $35,000 0] $15,000 to $20,000

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