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Solve the problem. Monthly Payment per $1000 of Mortgage Monthly payment Interest 15-year 20-year 25-year loan 30-year loan $8.41 8.78 $9.15 $9.53 $9.90 $10.29 $10.67

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Solve the problem. Monthly Payment per $1000 of Mortgage Monthly payment Interest 15-year 20-year 25-year loan 30-year loan $8.41 8.78 $9.15 $9.53 $9.90 $10.29 $10.67 $11.06 rate 9.5% 10, 0% 10. 5% loan $10.45 $10.75 $11.06 $11.37 $11.69 $12.01 $12.33 $12.66 loan $9.33 $9.66 $9.99 $18.33 $10.66 $11.01 $11.36 $11.72 $8.73 $9.09 $9.45 $9.81 $10.16 $10.53 $10.90 $11.28 11.5% 12.8% 12.5% 13.8% Constance Hairston obtains a 25-year, $125,250 mortgage at 13% on a house selling $150,000. Her monthly payment, including principal and interest, is $1412.82 How muc of the total cost will be interest? l

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