Question Help Determine the monthly principal and interest payment for a 15-year mortgage when the amount financed is $65,000 and the annual percentage rate (APR) is 70% Monthly Principal and Interest Payment per $1000 of Mortgage The monthly principal and interest payment is 5 (Round to the nearest cent as needed) Rate % 40 45 50 5.5 6.0 6.5 70 7.5 8.0 8.5 10 $10.12451 10.36384 10.60655 10.85263 11.10205 11 35480 11.61085 11.87018 12.13276 12.39857 12.66758 12.93976 13.21507 13.49350 13.77500 14.05954 14.34709 Number of Years 15 20 25 $7 39688 $6.05980 $5 27837 7.64993 6.32649 555832 7.90794 6.59956 5.84590 8 17083 6.87887 6.14087 8.43857 7.16431 6.44301 8.71107 7.45573 6.75207 8.98828 7.75299 7.06779 9 27012 8.05593 7.38991 9.55652 8.36440 7.71816 9.84740 8.67823 8.05227 10.14267 8.99726 8.39196 10.44225 9.32131 8.73697 10.74605 9.65022 9.08701 11.05399 9.98380 9.44182 11.36597 10.32188 9.80113 11.68190 10.66430 10.16469 12.00168 11.01086 10.53224 30 h $4.77415 5.06685 5.36822 5.67789 5.99551 6.32068 6.65302 6.99215 7.33765 7.68913 804623 8.40854 8.77572 9.14739 9.52323 9.90291 10.28613 9.5 10.0 105 11.0 11.5 12.0