The Cork family wants to borrow $175,000 to buy a home. Current rates are at 6.1% for 30 years. Determine the monthly payment. The appropriate factor is .006060.

A) $10,675

B) $889.58

C) $1,070.82.

D) $1,060.49

9. The Corks plan to sell their new home in five years. How much will they owe at that time? The factor is .006504.

A) $320,250

B) $206,500

C) $175,000

D) $163,045

Determine the lifetime interest the Corks will pay over the 30-year term of the loan.

A) $381,776

B) $320,250

C) $206,776

D) $175,000

Please show the work so I know how to do it, thank you!