7-10 please

7. Let's looks at an amortization chart. Select the interest rate of 3.75% and a term of 15 years. How much is the monthly payment per $1,000 ? Suppose a loan amount of $20,000. What is the total monthly payment? Per $1000 the monthly payment would be $7.27 The total monthly payment would be $145.44 8. Using an amortization chart, what is the amount per $1,000 for a mortgage at 4.5% and on a 30 -year term? What is the mortgage payment on a $57,000 mortgage? 9. Refer again to the amortization chart. A borrower is obtaining a mortgage in the amount of $137,000 at 47/8% interest for a term of 20 years. How much will the monthly payment be? 10. Again, referring to the amortization chart, compare the monthly payments of a $72,000 mortgage based on 4.25% at 15 years versus 30 years. Amortization Chart Monthly Payment Per $1,000 of Mortgage