You have 250 months left on your 30 year (= 360 month), $400,000 mortgage. The monthly interest rate is .004. What is your monthly payment? What part of your payment goes to principal?

	a.	Payment $1767.23. To principal $937.17
	b.	Payment $3119.56, To principal $1134.87
	c.	Payment $2098.67, To principal $772.05
	d.	None of these

You now have 50 payments left on that 30 year $400,000 mortgage at r = .004. What part of your payment is now devoted to principle?

	a.	$781.50
	b.	$1712.82
	c.	$1893.17
	d.	None of these