2: Problem 12 Previous Problem List Next (1 point) Mr. Smith is purchasing a $170000 house. The down payment is 20 % of the price of the house. He is given the choice of two mortgages: a) a 30-year mortgage at a rate of 8 %. Find (i) the monthly payment: $ (ii) the total amount of interest paid: $ b) a 15-year mortgage at a rate of 8 %. Find () The monthly payment: $ (ii) the total amount of interest paid: $ Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem 0 times. You have 5 attempts remaining