Sav What is the balance remaining on a 25-year $750,000 mortgage with a nominal interest rate of 3.25% after 12 months? Assume that interest is compounded semi-annually and payments are made twice a month. None of the options listed $740,162 $699,187 $709,680 $730,165 You are interested in purchasing a condominium for $520,000. You are not a first-time homebuyer and do not qualify for CMHC mortgage Insurance that allows a 5% down payment. The bark has affered you a 5-year fixed mortgage rate of 3.15%. You have been approved by the bank for a 25-year mortgage What Is your monthly mortgage payme[vt for a loan to value ratio of 80%? The mortgage is compounded semi-annually $2,001 None of the options listed S016 $2.501 530,364 You are interested in purchasing house for $900,000. You are first time homebuyer and qualify for CMHC mortogo nurance that allows a 5% down payment. The bank has offered you a mortgage rate of 2.05% You have been approved by the bank for a 25-year mortgage What is your monthly mortgage payment? The mortgage is compounded tomi-annually None of the optans listed 14,024 348206 14102 1397