Question 1\ 10 pts\ Ariel would like to borrow

$170,000

to buy a house. Her parents have offered to help by giving her the money over a 15-year period if she would pay the same rate that their

CD

pays at the bank, which is

5.5%

per year. Ariel would like to make monthly payments to her parents and also make a balloon payment to them for

$60,000

. What would her monthly payments be?\

$696

\

$832

\

$991

\

$1,174

Ariel would like to borrow $170,000 to buy a house. Her parents have offered to help by giving her the money over a 15 -year period if she would pay the same rate that their CD pays at the bank, which is 5.5% per year. Ariel would like to make monthly payments to her parents and also make a balloon payment to them for $60,000. What would her monthly payments be? $696 $832 $991 $1,174