QUESTION FOUR (15 Points) Mohammed Bayyoud bought a house for S293,000. He put 20% down and obtained a simple interest amortized loan for the balance at 5.375% annually interest for 30 years. (1) Find the amount of Mohammed's monthly payment. (3 points (2) Find the total interest paid by Mohammed. (3 points) (3) Most lenders will approve a home loan only if the total of all the borrower's monthly payments, including the home loan payment is no more than 38% of the borrower's monthly income. How much must Mohammed make in order to qualify for the loan? (4 points) (4) Complete an amortization table for the first 2 months of the loan. (5 Points)