Can you please help me? How do these?

Preview: Find a house for sale that you would like to purchase and record the asking price. Assume that you will finance 50% of the asking price of the house at Annual Percentage Fixed Rate of 7%. Normally, there are two common choices for the term of a home mortgage: 15 or 30 years. What to do: 1. (5 Points) What will your monthly payment be if you opt for a 15-year mortgage? 2. (5 Points) How much interest will you have paid by the end of the 15-year loan? 3. (5 Points) What percent of your total payments will go to interest if you opt for a 15-year mortgage? 4. (10 Points) Make an amortization table showing payments over the first 24 months for a 15-year mortgage. Label your columns month, beginning balance, interest, principal, and ending balance. 5. (5 Points) How much equity will you have paid after 24 months? 6. (5 Points) What will your monthly payment be if you opt for a 30-year mortgage? 7. (5 Points) How much interest will you have paid by the end of the 30-year loan? Is it twice as much as for a 15-year mortgage? 8. (5 Points) What percent of your total payments will go to interest if you opt for a 30-year mortgage? 9. (10 Points) Make an amortization table showing payments over the first 24 months for a 30-year mortgage. Label your columns month, beginning balance, interest, principal, and ending balance. 10. (5 points) Compare the 15-year and 30-year mortgages. What mortgage term is best? Preview: Find a house for sale that you would like to purchase and record the asking price. Assume that you will finance 50% of the asking price of the house at Annual Percentage Fixed Rate of 7%. Normally, there are two common choices for the term of a home mortgage: 15 or 30 years. What to do: 1. (5 Points) What will your monthly payment be if you opt for a 15-year mortgage? 2. (5 Points) How much interest will you have paid by the end of the 15-year loan? 3. (5 Points) What percent of your total payments will go to interest if you opt for a 15-year mortgage? 4. (10 Points) Make an amortization table showing payments over the first 24 months for a 15-year mortgage. Label your columns month, beginning balance, interest, principal, and ending balance. 5. (5 Points) How much equity will you have paid after 24 months? 6. (5 Points) What will your monthly payment be if you opt for a 30-year mortgage? 7. (5 Points) How much interest will you have paid by the end of the 30-year loan? Is it twice as much as for a 15-year mortgage? 8. (5 Points) What percent of your total payments will go to interest if you opt for a 30-year mortgage? 9. (10 Points) Make an amortization table showing payments over the first 24 months for a 30-year mortgage. Label your columns month, beginning balance, interest, principal, and ending balance. 10. (5 points) Compare the 15-year and 30-year mortgages. What mortgage term is best