SI (1 point) Jack intends to buy a house for $403800. He intends to make a 5 percent down payment and amortize the remaining balance for 29 years at 9.37 percent interest compounded monthly What is his monthly payment? How much will actually be paid for the house? Complete the first 4 lines of the amortization table below: Amortization Schedule Period Interest Charged Payment Equity Outstanding Balance How much equity does Michael have after 20 years? What would his monthly payments be if Michael amortized the balance for 16 years instead? How much money would have Michael saved if he amortized the balance for 16 years instead of the original 29 years? din nmhlem SI (1 point) Jack intends to buy a house for $403800. He intends to make a 5 percent down payment and amortize the remaining balance for 29 years at 9.37 percent interest compounded monthly What is his monthly payment? How much will actually be paid for the house? Complete the first 4 lines of the amortization table below: Amortization Schedule Period Interest Charged Payment Equity Outstanding Balance How much equity does Michael have after 20 years? What would his monthly payments be if Michael amortized the balance for 16 years instead? How much money would have Michael saved if he amortized the balance for 16 years instead of the original 29 years? din nmhlem