Question: D Question 16 5 pts Using the following information, answer the next 4 questions. You want to purchase a home for $575,000; the fixed rate

 D Question 16 5 pts Using the following information, answer the
next 4 questions. You want to purchase a home for $575,000; the
fixed rate loan is 4% for 30 years. 16. What is the

D Question 16 5 pts Using the following information, answer the next 4 questions. You want to purchase a home for $575,000; the fixed rate loan is 4% for 30 years. 16. What is the monthly payment of principle and interest? $2,054.22 $2,599.52 $2.745.14 $2,646.73 Question 17 5 pts Using the following information answer the next 4 questions. You want to purchase a home for $575,000; the fixed rate loan is 4% for 30 years. 17. How much of the first payment is principle? $1.531.25 $2,646.73 Question 17 5 pts Using the following information, answer the next 4 questions. You want to purchase a home for $575,000; the fixed rate loan is 4% for 30 years. 17. How much of the first payment is principle? $1,531.25 $831.20 $828.47 $1,768.32 $828.47 $1,768.32 Question 18 5 pts Using the following information, answer the next 4 questions. You want to purchase a home for $575,000; the fixed rate loan is 4% for 30 years. 18. How much total interest will you play over the life of the loan? $214,519.20 $413,250.40 O $410,827.20 $427,822.80 D Question 19 5 pts

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