Question: Question 1 (1 point) Saved Mortgage Information: Initial Loan Amount: $100,000 Amortization: 30 years Term: 15 years Fixed rate interest rate: 6.25% The monthly payment

Question 1 (1 point) Saved Mortgage Information: Initial Loan Amount: $100,000

Question 1 (1 point) Saved Mortgage Information: Initial Loan Amount: $100,000 Amortization: 30 years Term: 15 years Fixed rate interest rate: 6.25% The monthly payment on this mortgage is $615.72 $612.53 $857.42 $852.98 Question 2 (1 point) Mortgage Information: Initial Loan Amount: $100,000 Fully Amortizing Term: 30 years Fixed rate interest rate: 4.18% It is 5 years since this loan was originated -- what is the outstanding balance? $90,707.89 $26,373.35 $27,267.02 $90,820.64

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