Question 50 You borrowed $250,000 to buy a house. The annual interest rate is 8%. You are going to make monthly payments starting 1 month from today for 30 years. What is the monthly payment? A $1,234.2 B $1,356.3 $1,731.7 D) $1,834.4 E $2,220.5 Question 51 In the above question, what is the remaining balance of the loan after 20 years' payments?

You borrowed $250,000 to buy a house. The annual interest rate is 8%. You are going to make monthly payments starting 1 month from today for 30 years. What is the monthly payment? $1,234.2 $1,356.3 $1,731.7 51,834,4 $2,220.5 Question 51 In the above question, what is the remaining balance of the loan after 20 years' payments