tab = esc Dayt Kt C O File C:/Users/pmac2/Downloads/... 1 75F MGF2106_Pro... Questi s D2L Hom 3 Cloudy ! f1 1 A ALEK C. ? Use this formula to answer the following questions. Round all answers to two decimal places. 8 / 10 a. M = 2. Suppose you receive a loan at 3.75% annual interest. Q M Proje 1 rP 1-(1+r f2 Suppose you receive a loan at 2.25% annual interest. a. What would your monthly mortgage payment be if you receive a 15-year loan at 2.25% interest rate? b. What would your monthly mortgage payment be if you receive a 30-year loan at 2.25% interest rate? How much interest would you end up paying with the 15-year loan? d. How much interest would you end up paying with the 30-year loan? 2 SIX 100% + 0 Where r= W # What would your monthly mortgage payment be if you receive a 15-year loan at 3.75% interest rate? b. What would your monthly mortgage payment be if you receive a 30-year loan at 3.75% interest rate? C. How much interest would you end up paying with the 15-year loan? d. How much