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Question 22 2 pts You borrow $295,000 to buy a house. The mortgage rate is 2.85 percent. The loan is to be repaid in equal

Question 22 2 pts You borrow $295,000 to buy a house. The mortgage rate is 2.85 percent. The loan is to be repaid in equal monthly payments over 15 years. All taxes and insurance premiums are to be paid separately. How much of the 17th (monthly) payment applies to the principal balance? $993.71 $2,219.22 $1,719.06 $1,044.79 O $1,366.26

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