Please answer questions $1$ and $3.$

$2$uestion $1($Mandatory$)(1$ point$)$

Narrative $14-1$

For problems in this section, use Table $14-1$ from your text to find the monthly mortgage payments, when necessary.

Refer to Narrative $14-1.$ Leandro has a mortgage of $$89,000$ at $8\frac{1}{2}\%$ for $25$ years. Find the total interest.

a$)$ $$126,202\mathrm{.}00$

b$)$ $$136,085\mathrm{.}80$

C$)$ $$106,143\mathrm{.}00$

d$)$ $$191,961\mathrm{.}60$

Question $3($Mandatory$)(1$ point$)$

Narrative $14-1$

For problems in this section, use Table $14-1$ from your text to find the monthly mortgage payments, when necessary.

A mortgage applicant who has a monthly gross income of $$4,770$ applies for a mortgage with monthly PITI of $$1,669\mathrm{.}50.$ The applicant's other financial obligations total $$281\mathrm{.}43$ per month. $($Use the ratio guidelines from your text$)$ What type of mortgage, if any, would the applicant qualify for?

a$)$ FHA and Conventional

b$)$ Conventional only

C$)$ FHA only

d$)$ none