Part One:

An individual is purchasing a $130,000 home. She is making a $30,000 down payment and plans to finance over 15 years at the fixed rate of 7%. Her monthly payment will be

Question 1 options:

	755.13
	812.57
	876.24
	898.83

Part Two:

After the 120^th payment is made, the remaining balance of the loan from the previous problem will be

Question 2 options:

	43,527
	45,393
	52,437
	56,239

Part Three:

The principal portion of the 121^st payment of the loan from the two previous problems will be

Question 3 options:

	562.29
	634.04
	658.35
	723.89