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Question 22 The Howe family recently bought a house. The house has a 30-year. 5270,456.00 mortgage with monthly payments and a nominal interest rate of

Question 22 The Howe family recently bought a house. The house has a 30-year. 5270,456.00 mortgage with monthly payments and a nominal interest rate of 5 percent. What is the totai dollar amount of principal the family will pay during the first 4 years of their mortgage? (Assume that all payments are made at the end of the month) 519.228 .05 $17.228.05 $18.228.05 $21228.05t $20.228.05

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