I need help with ALL the questions please. Also I don't know if #3 is correct.

2. Which of the following case will lead to the lender charge the highest interest rate, ceteris paribus? A) Judiciary foreclosure states with deficiency judgement B) Non-judiciary foreclosure states with deficiency judgement C) Judiciary foreclosure states without deficiency judgement D) Non-judiciary foreclosure states without deficiency judgement 3. Which of the following is true about Interest-Only amortizing mortgage? A) Interest rate is fixed for some years, then becomes adjustable B) It has interest-only payments, ending with a full repayment of principal. C) The loan balance grows due to "negative amortization" D lt has interest-only payments for up to some years, then converts to a fully amortizing payment for the remainder of the term Mr. Smith takes a $100,000 reverse mortgage with an annual interest rate of 10 percent. The loan lasts for 10 years. At the beginning of each year Mr. Smith receives an annual payment of from the bank 4. What is the annual payment? A) S5704.13 B) S6274.54 C) $8527.13 D) $10000 5. What is the ending balance for year 1? A) S6901.99 B) S6274.54 C) S11000 D) $9379.84