Question: please help with question Drill Problem 15-5 (Algo) (LU 15-1(3)] Use the following amortization chart: Selling price Down Principal of home payment (loan). $ 99,000

please help with question please help with question Drill Problem 15-5 (Algo) (LU 15-1(3)] Use the

Drill Problem 15-5 (Algo) (LU 15-1(3)] Use the following amortization chart: Selling price Down Principal of home payment (loan). $ 99,000 $ 5,000 $ 94,000 Rate of interest Years 5.54 30 Payment per $1,000 $ 5.68 Monthly nortgage payment $ 533.92 Assume the interest rate rises to 7.0%. What is the total cost of interest with the new Interest rate? (Use Table 15.1) (Do not round Intermediate calculations. Round your final answer to the nearest cent.) Total cost of interest

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