You would like to buy a home. You have talked to your banker and she said that you can afford a payment of $1,777 a month. Using a 30-year fixed-rate mortgage, how much could you afford to borrow if the current interest rate is 5.85\%? Answer should be formatted as a dollar amount rounded to the nearest cent. You take out a mortgage for $325,713 with a 30 year term and an interest rate of 3.5%. How much will your payment increase if your interest rate increases to 5 ? Answer should be formatted as a dollar amount rounded to the nearest cent. You buy a home for $172,971 and live in it for 9 years. You then sell the home for $187,795. What is your annualized rate of return on the property? Answer should be formatted as a percent with two decimal places