Question 21 Cindy was contacted by her home insurance agent to discuss ways to decrease her premium. Which of the following should NOT reduce her premium? Question 21 options: - Increasing the amount of coverage Installing an alarm system I- Installing smoke detectors or a fire extinguisher. - Increasing her deductible.

Question 22 : Ben and Carla Covington plan to buy a condominium. They will obtain a $200,000, 30-year mortgage at 6 percent. Their annual property taxes are expected to be $1,800. Property insurance is $480 a year, and the condo association fee is $220 a month. Based on these items, determine the total monthly housing payment for the Covingtons. Question 22 options: 1) $1,879 2) $2,109 3) $1,609 4) $1,310 5) $1,389

Question 24 (1 point) What would be the monthly mortgage payments for a $160,000, 30-year loan at 5 percent? Question 24 options: 1) $910 2) $805 3) $1,219 4) $859 5) $768