Joe Levi bought a home in Arlington, Texas, for $146,000. He put down 20% and obtained a mortgage for 30 years at 5.50%. (Use Table 15.1.) a. What is Joe's monthly payment? (Round your intermediate values and final answer to the nearest cent.) Monthly payment b. What is the total interest cost of the loan? (Use 360 days a year. Round your intermediate values and final answer to the nearest cent.) Total interest cost TABLE 15-1 Amortization table (mortgage principal and interest per $1,000) INTEREST Term in years 31% 5% 51% 6% 7% 71% 8% 81% 9% 10% 101% 11% 10 9.89 10.86 11.11 13.22 13.50 13.78 10.61 9.25 11.36 10.02 11.62 10.29 11.88 10.56 12.14 10.83 12.40 11.11 12.67 11.39 12.94 11.67 12 8.52 9.51 9.76 11.96 12.25 12.54 15 7.91 8.44 8.72 9.28 9.56 9.85 10.15 10.45 10.75 11.06 11.37 7.15 6.52 8.99 8.40 17 8.18 1.56 6.88 7.29 7.84 8.12 8.69 8.99 9.29 9.59 9.90 10.22 10.54 10.86 20 5.80 6.60 7.17 7.46 8.06 8.37 8.68 9.00 9.33 9.66 9.99 10.33 22 6.51 6.82 7.13 7.75 7.76 7.44 7.07 8.07 8.39 8.72 9.05 9.39 9.73 5.44 5.01 10.08 6.20 5.85 25 6.15 6.45 6.76 7.39 7.72 8.06 8.40 8.74 9.09 9.45 9.81 30 4.50 5.37 5.68 6.00 6.33 6.66 7.00 7.34 7.69 8.05 8.78 9.15 9.53 8.41 8.22 35 3.99 5.05 5.38 5.71 6.05 6.39 6.75 7.11 7.47 7.84 8.60 8.99 9.37