Question: answer both please QUESTION 6 1 points www Consider a $225.000, 30-year mortgage at 3.75 percent interest with monthly payments. If the first payment on

answer both please

QUESTION 6 1 points www Consider a $225.000, 30-year mortgage at 3.75 percent interest with monthly payments. If the first payment on this loan is on April 1 of this year, how much total interest will the borrower pay on this loan this year? (HINT: Compute PMT first) O $6,289.72 O $2,806 13 O $8.366.87 $6,328.13 QUESTION 7 1 points SWET Now consider a $200,000, 30-year mortgage at 7.5 percent interest with monthly payments. If the first payment on this loan is on June 1 of this year, how much total interest will the borrower pay on this loan NEXT year? (NOTE: The terms of this loan differ from those in the last question.) $16,086.64 O $14.855.29 $14,794 35 $15.000.00 Save AIA Save and Submit Chick Save and Submit to save and submit. Click Save Al Answers to sau allansen

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