Blank # 1 114,054.24 Blank # 2 A Question 12 (10 points) You want to buy an investment property for $154,000. Your current lender has quoted you a mortgage rate of 3.50 percent APR for 30 years. Blank #1: What will your monthly payments be? (5 points) INSTRUCTION: ROUND YOUR ANSWER TO 2 DECIMAL PLACES. POSITIVE NUMBER ONLY, NO S OR SYMBOL. Blank #2: What is the effective annual rate (EAR) in percentage on this mortgage? (5 points) INSTRUCTION: ROUND YOUR ANSWER TO 2 DECIMAL PLACES. POSITIVE NUMBER ONLY, NO S OR % SYMBOL. Blank #1 Blank # 2 Question 13 (40 points) You are planning your retirement in 25 year's Blank. You currently have $15.000 in a bond account, and you plan to add $4.000 per year at the end of each of the next 25 years to the account. If the bond account earns a return of 5 percent per year over the next 25 years, how much will you have in the bond account