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QUESTION 9 If Joe borrowed 561,000 at 5.5% for 30 years, what would be the monthly payment using Table 13.5 on page 922 of the
QUESTION 9 If Joe borrowed 561,000 at 5.5% for 30 years, what would be the monthly payment using Table 13.5 on page 922 of the text? O A $336.09 OB. $329.16 OC. $346.48 OD. $349.94 QUESTION 10 If joe borrowed $115.000 at 8.5% for 20 years, what would be the monthly payment using Table 13.5 on page 922 of the text? O A $995.90 OB. $966.02 O C. $1,005.86 OD. $946.11 QUESTION 11 Find the total monthly payment including taxes and insurance for the given mortgage loan. (Use the table on pages 922 & 923) Amount Rate Time in years Annual Taxes Annual Insurance $57.500 20 5770.50 $362.25 O A $523.82 O B. $545.42 OC. $534.62 OD. $540.02
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