Use the following information to answer the questions below: You buy a house on October 1. The price is $150,000 and you take out a 30-year mortgage at an interest rate of 6.24%. You make payments of $923 at the end of each month. Hint: Use an amortization table (Rounding: Round dollar amounts to the nearest penny) Question 1 How much of the second payment (on November 30th) relates to interest expense? Answer: None of the answers are corr Question 2 How much interest expense would you pay through December 31 in the first year? Answer: [Select] Question 3 What is the TOTAL amount of cash you will pay for the house? Answer: [Select] Question 4 A 15-year loan would have an interest rate of 5% with monthly payment would be $1,187. If you chose the 15-year loan, how much money would you save on interest over the life of the loan? Answer: Select]