Please answer both questions if you can.

Given the following information on a 30 -year fixed-payment loan, determine the remaining balance that the borrower has at the end of 8.5 years. Interest Rate: 7.85% Monthly Payment: \$1,565 $116,213$194,749$189,209$196,456 QUESTION 16 Given the following information, calculate the balloon payment for a partially amortized mortgage. Loan amount: $184,000 Term to maturity: 8 years Amortization Term: 30 years Interest rate: 4.5% Monthly Payment: $932.30 $156,063$156,966$173,102$166,323