Your goal is to accumulate in 4 years $5,000, If you can earn a rate of 4%, compounded monthly, what will be your end of month monthly payment need to be to reach this goal? Multiple Choice $104 $124 $300 S262 Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation using the Total Debt Service ratio (Refer to Exhibit 7.7 and Exhibit 7.8) (Round time value factor to 2 decimal places, intermediate and final answers to the nearest dollar amounts. Omit the "S" sign in your response.) Monthly gross income Down payment to be made percent of purchase price) Other debt (monthly payment) Monthly estimate for property taxes and Insurance 25-year loan at $7,500 15 percent $400 $ 580 6.0 percent $ Affordable monthly mortgage payment Affordable mortgage anount Affordable home purchase price $