Question: I need the answer as soon as possible Please. Suppose you are buying your first condo for $145,000, and you will make a $15,000 down

I need the answer as soon as possible Please.

I need the answer as soon as possible Please. Suppose you are

Suppose you are buying your first condo for $145,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 7.5% nominal interest rate, with the first payment due in one month. Based on the above-given information answer the following questions: 1. What will your monthly payments be? 2. What is the total amount that you will pay

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