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QUESTION 4 20 points A debtor owes $3,675 on August 24th. The Note Holder sells the Note to a THIRD PARTY on May 17th, who wants an 11% Simple interest Return What does the Debtor Owe on August 24th What does the THIRD PARTY pay for the note? (Une Barker's Rule, Round to the nearest penny, NO dollar signs. USE commas) 20 points QUESTIONS You purchase a home selling for $315,000. You will put 25% Down and Finance the remaining amount with a 30 year, 3% monthly mortgage What is the Down Payment? What do you Finance? What is the monthly payment? (Round UP to the nearest penny) What is the OUTSTANDING BALANCE after 9 years? How much of the Mortgage has been paid off after 9 years? What is the Owner's Equity after 9 years