Time latt 216540 tion 13 et od Questions 12-14 refer to the purchase of your new house! You've decided to buy a new house for $850,000. You will put a downpayment af 20% of the purchase price of the house. The bark wil Ioan you the rest at an interest rate of 2.75% (APR) for a 20-year loan. How much will be y monthly payment? S out of ion Select one: a. More than $5,500 b. Less than $1,500 per month c. $2,000 to $2,500 d. $2,500 to $3.000 n. $3.500 a $4.000 t. $3,000 to $3,500 $4,500 ti $6,000 h. $4,000 to $4.500 i. $1,500 to $2,000 J. $5,000 to $6,500 tion 14 013: After ane year, how much have you paid in interest? Bred out of Select one: 2. $25,000 to $30,000 b. $35,000 to $40.000 c. $0 to $5,000 d. $30.000 to $35.000 lon $15,000 to $20,000 t. $40,000 to $50,000 g. More than $50.000 h. $10,000 to $15,000 I. $20,000 to $25.000 J. $6,000 to $10,000 lion 15 Q14: After one year, how much have you peld in principal? ered e out of Select one: a $10,000 to $15,000 b. $20,000 to $25.000 lon More than $50,000 d. $30,000 to $25.000 6. $ $35,000 to $40,000 1. $5,000 to $10.000 8 $40,000 to $50,000 h. $15,000 to $20,000 1. $0 to $5,000 0 ta 1. $25,000 to $30.000