Question: PLEASE HELP 31. Thomas Edwards is interested in a fixed-rate mortgage for $100,000. He is undecided whether to choose a 15 - or 30 -year

PLEASE HELP

31. Thomas Edwards is interested in a fixed-rate mortgage for $100,000. He is undecided whether to choose a 15 - or 30 -year mortgage. The current mortgage rate is 10% for the 15 -year mortgage and 11% for the 30 -year mortgage. What is the monthly principal and interest (pi) payments for the 15 -yer loan? - [4)(1 Point) 32. Refer to Thomas Edwards' problem... What is the monthly principal and interest (pi) payments for the 30 -year loan? (1 Point) 33. Refer to Thomas Edwards' problem... What is the total amount of interest that will be paid on the 15-year loan? (1 Point) 34. Refer to Thomas Edwards' problem... What is the total amount of interest that will be paid on the 30 -year foan? * [qu(1 Point) 35. Refer to Thomas Edwards' problem... Overall, how much more interest that will be paid by choosing the 30 -year mortgage? (1 Point)

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