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Taurupe 20314267NQ5 Complete the following table, which shows the monthly payments on a $100,000, 30-year mortgage at the Interest rates shown. Use this information to

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Taurupe 20314267NQ5 Complete the following table, which shows the monthly payments on a $100,000, 30-year mortgage at the Interest rates shown. Use this information to answer the following questions. (Round your answers to the nearest cent.) Interest Rate (%) 3 Monthly Payment ($) 421.60 4 Amount of Mortgage ($) 100,000 100,000 100,000 100,000 100,000 100,000 5 6 7 8 733.76 (a) What is the difference in monthly payments between a $100,000, 30-year mortgage secured at 7%/year and one secured at 3%/year? Enter a number. (b) Use the table to calculate the monthly mortgage payments on a $150,000 mortgage at 6%/year over 30 years. Use the table to calculate the monthly mortgage payments on a $80,000 mortgage at 6%/year over 30 years

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