Question 1 1 pts Determine the monthly payment for the mortgage. Use the installment payment formula 11 . 1 14 Amount Financed (A) $71,000 Anmal Percentage Number of Payments Time Rate (1) per Year (n) in Years (1) 12 25 $12,145.89 O 5524.83 O $595.83 53125.17 Question 2 1 pts Determine the monthly payment for the mortgage. Use the installment payment formula p 1-1. r Amount Annual Percentage Number of Payments Financed (A) Rate (1) per Year(n) $246000 12 Tume in Years 30 59018.28 $1966.07 O $21,342.32 O $1720.07 Question 3 1 pts Solve the problem using the loan calculator Monthly payments on a $100,000 loan at 5.5% annual interest amortized over 100 years will be close to $413.75 O $460.50 $480.50 O $415.75 none of these D Question 4 1 pts Solve the problem using the Amortization Table Calculator What is the monthly payment on a 20-year loan of $64,000 if the annual interest rate is 9.5%? O $617.60 $559.36 $668.16 O $596,56