Question 1 1 pts You buy a house for $475,000 with a $125,000 down payment. For the rest, you take out a mortgage amortized over 30 years at 3.96% annual interest compounded monthly. What are your payments at the end of each month? (Round to the nearest cent.) ANSWER: dollars Question 2 1 pts Terry takes out a loan of $21,000 at 4.8% interest compounded quarterly. If Terry's quarterly payments are $1187, how long (in years) does it take them to pay off their loan? Round your final answer to the nearest whole year. ANSWER: years