ections from Chapter 14 wx. BUS 20 Check in Assignment Worked 1.You are a branch manager of the levees Bank. Today yolved two bean applications Calculate the requested information for each lean (Use table 141 below) Financed $135.000 198,500 Kate 4.30% 529% L Term of Number of $1,000 Financed 25 Years Table Factor Monthly Paym Total Table 14-1. Monthly Payments to Amortize Principal and Interest per $1,000 Financed Monthly Payment Cary to amartian of $1,00 Ist Rate () 5 Years 10 Years 15 Years 20 Years 25 Years 30 Years 35 Years Yar 3.30 SIE39 529 17.15 $5.30 55.01 $4.49 $4.13 $1.37 3.35 18.30 10.0 121 5.99 5.34 443 4.28 401 LIF 1841 1032 740 6.06 328 4.77 443 418 435 1855 10:34 153 AIP 542 492 438 434 1.Chels Arthur parchand a home with a $146,100 mortgage at 65% for 30 years Calculate the They lean Payment Number Monthly Payment Monthly Interest Partie Used to Reduce Principal Lean Blanc 4.30 M3036 745 833 136 307 4.75 4.50 475 181048 1770 370 522 439 AM 5.00 6.60 185 537 5.05 435 525 199 107 06 674 600 533 521 4.99 5.30 19.11 10 M LIF 6 615 5.04 538 336 5.35 131 701 8.30 3.34 534 539 600 144 717 643 8.00 174 531 635 1941 3123 8.38 131 6.16 588 7.40 6.30 1937 1136 72 746 606 630 605 136 6.75 135 761 691 6.49 622 604 7.00 1931 1142 776 701 6.66 639 622 1.25 1992 115 RIF 791 725 635 6.57 6.40 7.54 2004 11 925 100 739 7.00 1.75 659 7.75 2016 12.01 9.42 821 256 717 691 1.00 2028.12.14 956 137 372 734 7.31 6.36 3. Table 14-1 to calculate the monthly principal and interest and calculate the monthly PITI for the following mortgages 8.25 20401227 971 8.33 739 732 129 735 1.50 20.32 12.40 935 165 8.06 749 747 734 3.35 2014 12.54 10.00 134 125 737 766 1.39 Amat $54,300 Rate 4.75% Termof LA Ta Mouthly Annual Property Anal PL Monthly PITT 9.00 2076 1247 10.15 9:00 3.40 805 7.34 272 5729 $459 9.25 201231 10.30 9.16 437 131 8.01 7.36 9.50 21011294 10.45 933 8.34 8.22 9.75 21.13 13.08 9.49 10.60 192 8.60 141 830 18.00 21.25 11.22 10.75 9.66 9:09 575 160 130 For the following sed mortgage applications, calculate the percentage of appraised value and the 18.35 21.38 11.36 1890 1932 927 197 8.79 10.50 21.50 13.30 11.06 9.99 9.43 925 135 Appraised Val Leader's Percentage of Appraed P Vale Balance of First Mortgage Pa Credit 18.75 21.62 1164 1121 10.10 9.63 934 W.IN 1.39 11.00 21.75 13.76 1137 10.33 931 9.31 937 129