Calculate the monthly payments of a 30-year foxed-rate mortgage at 6.25 percent for $189,700. How much interest is paid over the life of the loan? Click on the table icon to view the MILPF table The monthly payments of a 30-year foxed-rate mortgage at 6.25 percent for $189,700 is $ (Round to the nearest cent) 8-5 (similar to) Question Data Table 72 360 13.90 Monthly Installment Loan Tables ($1,000 loan ith interest payments compounded monthly) 18 24 30 36 48 60 84 96 120 57.33 43.42 35.08 29.52 22.58 18.42 15.65 13.67 12.19 10.12 4.77 57.44 43.54 35. 19 29.64 22.69 18.53 15.76 13.78 12.31 10.24 4.92 57.56 43.65 35.31 29.75 22.80 18.64 15 87 12 42 10.36 5.07 57.67 43.76 35.42 29.86 22.92 18.76 15.99 1402 12.54 10.48 5.22 57.78 43 87 35.53 29.97 23.03 18 87 16.10 14.13 12 66 10 61 5.37 57.89 43.98 35.64 30.08 23.14 18.99 16 22 14 25 12.78 10.73 5.52 58 01 35.75 30.20 23.26 19.10 16.34 14 37 12 90 5.68 58.12 4421 35 87 30.31 23.37 19.22 16.46 14 49 13 02 10 98 584 58.23 44.32 35.98 30.42 23.49 19.33 16.57 13.14 6.00 58.34 44.43 36.09 30.54 23.60 19.45 16 69 13.26 11.23 6.16 58.46 44.55 3620 30.65 23.71 1957 16.81 14.85 13 39 11 35 6 32 58.57 44 66 36 32 30.76 23.83 19.68 16.93 14.97 11.48 6.49 58 68 44 77 36.43 30.88 23.95 19.80 17.05 15.09 13.63 11.61 6.65 58.80 44.89 3655 30.99 24.06 19.92 17.17 15 22 13.76 11.74 6.82 58.91 45.00 36.66 31.11 24.18 20.04 17.29 15.34 1388 11.87 699 59.03 45.11 36.77 31 22 2430 20.16 17.41 15.46 14.01 12.00 7 16 44.10 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 6.00% 6 25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 10.85 14.61 1473 1351