luck! Question 13 8 pts Use the formula for computing monthly payments on a mortgage to answer the question. Round your answers in (a)-(d) to two decimal places, if necessary. A house sells for $125,000 and a 4% down payment is made. A mortgage is secured at 7% for 40 years. P3) Monthly Payment formula: M 1-(143) where P is the principle, r is the interest rate as a decimal, n is the number of yearly payments, and t is the number of years. (a) The down payment is $ (b) The amount of the mortgage is $ (c) The monthly payment is $ (Round to two decimals) (d) The total interest payed is $ (Round to two decimals) Previous Next MacBook Pro