Question: > K M Question 3 - Ch 15 Assignment C ezto.mheducation.com/ext/map/index.html?_con=con&external_bro... Q : All Bookmarks TABLE 15.1 C X + ezt.prod.mheducation.com/Media/Connect Production/b... Co 00

> K M Question 3 - Ch 15 Assignment C ezto.mheducation.com/ext/map/index.html?_con=con&external_bro... Q : All Bookmarks TABLE 15.1 C X + ezt.prod.mheducation.com/Media/Connect Production/b... Co 00 Q Ch 15 Assignment i 3 0.57 points Drill Problem 15-4 (Algo) [LU 15-1 (3)] Use the following amortization chart: Saved Help Save & Exit Submit J Amortization table (mortgage principal and interest per $1,000) Check my work Rate Interest Only 10 Year 15 Year 20 Year 25 Year 30 Year 40 Year 2.000 0.16667 9.20135 6.43509 5.05883 4,23854 3.69619 3.02826 2.125 0.17708 9.25743 6.49281 5.11825 4.29966 3.75902 3.09444 2.250 0.18750 9.31374 6.55085 5.17808 4.36131 3.82246 3.16142 2.375 0.19792 9.37026 6.60921 5.23834 4.42348 3.88653 3.22921 Selling price of home Down payment $ 5,000 Principal (loan) $ 69,000 eBook $ 74,000 What is the total cost of interest? Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar. Rate of interest 5.0% Payment per Monthly mortgage 2.500 0.20833 9.42699 6.66789 5.29903 4.48617 3.95121 3.29778 Years 30 $1,000 payment 2.625 0.21875 9.48394 6.72689 5.36014 4.54938 4.01651 3.36714 $ 5.3682 $ 370.41 2.750 0.22917 9.54110 6.78622 5.42166 4.61311 4.08241 3.43728 2.875 0.23958 9.59848 6.84586 5.48361 4.67735 4.14892 3.50818 3.000 0.25000 9.65607 6.90582 5.54598 4.74211 4.21604 3.57984 3.125 0.26042 9.71388 6.96609 5.60876 4.80738 4.28375 3.65226 Print Total cost of interest 3.250 0.27083 9.77190 7.02669 5.67196 4.87316 4.35206 3.72541 3.375 0.28125 9.83014 7.08760 5.73557 4.93945 4.42096 3.79930 3.500 0.29167 9.88859 7,14883 5.79960 5.00624 4.49045 3.87391 References 3.625 0.30208 9.94725 7.21037 5.86404 5.07352 4.56051 3.94923 3.750 0.31250 10.00612 7.27222 5.92888 5.14131 4.63116 4.02526 3.875 0.32292 10.06521 7.33440 5.99414 5.20959 4.70237 4.10198 4.000 0.33333 10.12451 7.39688 6.05980 5.27837 4.77415 4.17938 4.125 0.34375 10.18403 7.45968 6.12587 5.34763 4.84650 4.25746 4.250 0.35417 10.24375 7.52278 6.19234 5.41738 4.91940 4.33620 4.375 0.36458 10.30369 7.58620 6.25922 5.48761 4.99285 4.41559 4.500 0.37500 10.36384 7.64993 6.32649 5.55832 5.06685 4.49563 4.625 0.38542 10.42420 7.71397 6.39417 5.62951 5.14140 4.57629 4.750 0.39583 10.48477 7.77832 6.46224 5.70117 5.21647 4.65758 4.875 0.40625 10.54556 7.84297 6.53070 5.77330 5.29208 4.73947 5.000 0.41667 10.60655 7.90794 6.59956 5.84590 5.36822 4.82197 5.125 0.42708 10.66776 7.97320 6.66881 5.91896 5.44487 4.90505 5.250 0.43750 10.72917 8.03878 6.73844 5.99248 5.52204 4.98870 5.375 0.44792 10.79079 8.10465 6.80847 6.06645 5.59971 5.07293 5.500 0.45833 10.85263 8.17083 6.87887 6.14087 5.67789 5.15770 5.625 0.46875 10.91467 8.23732 6.94966 6.21575 5.75656 5.24302 5.750 0.47917 10.97692 8.30410 7.02084 6.29106 5.83573 5.32888 Mc Graw < Prev 3 of 14 Next > 5.875 0.48958 11.03938 8.37118 7.09238 6.36682 5.91538 5.41525 Hill 6.000 0.50000 11.10205 8.43857 7.16431 6.44301 5.99551 5.50214 M 31 O G Apr 15 11 hp

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