0/1 point Question 4 Solve the problem using the TVM solver. Thomas Williams' gross monthly income is $4000. He has 15 remaining payments of $243 on a new car. The taxes and insurance on the house are $85 per month. Thomas wants a yosu $119,000 mortgage. Does he qualify for this mortgage with a 9.5% interest rate? a) No xO b) Yes APR Table Annual Percentage Rate Table for Monehly Payment Plans Number of Payments Annual Percentage Rate 4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7.0% 7.8% 8.0% 85% 9.0% 9.5% 10.0% (Finance charge per $100 of amount financed) 2.94 1.76 1.90 2.05 2.20 2.35 2.49 2.64 2.79 1.32 1.46 161 1.17 5.50 3.28 3.56 3.83 4.11 4.39 4.66 4.94 5.22 2.73 3.00 2.18 2.45 12 6.86 5.63 6.45 728 7.69 8.10 4.82 5.22 6.04 3.20 3.60 4.00 4.41 18 9.64 10.19 10.75 6.37 6.91 745 8.00 8.55 9.09 4.22 4.75 529 5.83 24 9.30 10.34 11.16 11.98 9.98 10.66 11.35 12.04 12.74 13.43 5.92 6.59 7.26 7.94 8.61 30 5.25 13.64 14.48 15.32 16,16 7.90 10.54 11.63 12.73 13.83 14.94 16.06 17.18 18.31 19.45 20.59 21.74 8.71 9.52 12.81 36 6.29 7.09 8.38 10.50 11.86 13.23 14.61 16.00 17.40 18.81 20.23 21.66 23.10 24.55 26.01 27.48 9.46 48 60