Must use the formulas provided above for correct answer

I = Prt A = P(1 + rt) A = P(1+-) " \\ nt A = Pert Te = (1+ -) -1 Te = e" - 1 P (1 +i)nt - 1 A where 2= n P(i) PMT T 1 - (1+ 2) nt Where i P(AnB) n(An B) P(A | B) P(B) n(B) Question 1 16 pts 9 1 0 Details 1) You have decided that you want to buy a home in 6 years. You believe you can afford a house that is $220,000. a) If you want to have 19% for a down payment, how much will you need to have for the down payment? Down payment = $ Round your answer to 2 decimal places as needed. b) You decide to start investing money now so that you will have the down payment in 6 years when you are ready to purchase the home. How much should you put into a mutual fund each month if you know you can earn 6.7%? Money invested each month = $ Round your answer to 2 decimal places as needed. c) The day has finally arrived. You have saved your down payment, and are ready to purchase your $220,000 home. How much money will you be taking as a loan? Loan amount = $ Round your answer to 2 decimal places as needed. d) What would the monthly mortgage payment be if your loan was a 3.1% 30-year fixed mortgage? Monthly mortgage payment = $ Round your answer to 2 decimal places as needed