Save Exit Submit Assignment for Grading lons Chapter 12 Section II Review Exercise #24} Question 16 of is Check My Wor Use formulas to solve the following. Betty Price purchased a new home for $290,000 with a 15% down payment and the remainder amortized over a 9-year period at 3% Interest. Do not round intermediate calculations. a. What amount did Betty finance? Round your answer to the nearest dollar b. What equal quarterly payments are required to amortize this loan over 9 years? Round your answer to the nearest cent. c. What equal quarterly payments are required if Betty decides to take a 15-year loan rather than a 9-year loan? Round your answer to the nearest cent. table_12-2.pdf Current Students University o R Ytables/table 12-2.pdf Present Value (Amount of an DELO09AMS 0.9950 1950 49 99010 0.98522 0.9039 192040 1.95583 29.099 390197 358 3590773 ASIL 21236 410020 199271 5.795485.69 719 5160143 686207 672819 6.59821 647199 732195 7.65165 7455937175.8701 77905856602 1622 771 971041 911 922 92 59 MON 6 73274 7.4353 1100 91732 4.76654 53929 20079 597130 6 1 651523 7360970235 530637 5.74664 6.34689 6.7100 10.67703 10 157631007112 9.7 9.35262 THES 10641 11.61893 11.255 10 2051 105754 905400938507 16.325 12 55615 1213374 117315311 3437 10.61496 9.96565 9.1957 13. 13.003701254138 1210652960710563129. 14 416 ASOS I 12 TRIQ 67 7.49867 7.1126 838354 7.94269 7.53608 B. 15765790178 9974547344 9712141079 0 15.1331471757 14.13126 1357771 12.561101.652TO0777110596 16.25863 15.56225 1490765 14.29137 13.1662 12.1667 11:27407 10.47726 9.76332 9.12164 17.17277 1697 15.67256 14.2013.75251 12.6.500 11. 10. 0 10.05909937119 I 173 167 15675 14 1 3 12 11 ISI 10 1150 TR55171616151 1772 13590322 100 SINIS I R 19 9 1 7 0170112111091622115 11.760 1015511001 20.7. 1966 18 1 7 65805 15 1 445111 11100 120115 11.0612100 21620. 4 19 16 16 12 011127219 07105 22 21 2433930 1 15513 3 2279530 1130121017 25 23 55060761760 363367367333 1531741759 13. 017 1357 161 1 671 1001116 16 TO SEM table 12-2.pdf x Current Students University o * Welcom 08h/tables/table_12-2.pdf pers ner pris Decente Amount of an Ordinary Annuity of 51 Continued 115 125 135 145 155 165 175 91743 0:00 0090 0.8928665096 OST719 0.587957 0.16207 5 470 46 1.75911 1.73554 1712521690 1661 166666 1.63571160523 1.58521 5604 2539 2.45 2.44371240183 23611523216322332322459 22058 217027 3.23972 3.1095731033308733297447291371 25498 2.79818 2.74334 269006 365 N O 15172314 315216 1.27439 319915 312717 4. 243353 2054 41114 3.99755 3. 57 5.3.5 46 471220456376 4.422614230 5.53 5.33493516612496764 4.7957761586 5.99525 5.75902533705 5325 5.13166 494637 6.417666.14457 923 5.65 54224 5.21612 3.74 4.16042 4.45712 4.7 SOL77 367 15NVIS 3.49760 40357 3.92238 31153 4141594.20716 4.07757 4.45057 02 483323 4 4 9009 6.519 6.49066306525.937703 453735 .23371 5.02541641 465601 7.16036 6 49236 6.1937 5.91765 .19711 4.98.39 4.79322 7. 4 7 .1011 674957 6.42355 6.12181 4336 5515 5.34233 SIKK 460951 7.736157 6 98187 017 6.3009600207 3724455.4675352290 5.00 7 7.19057 616 6.463 610217 737 5575.46 13419 SODIS 3125672171 7.37916 69719960 6.2006 .954235 8.543 02155 7.5479 7.1196) 672909 3725 6047165.74670 3.79120141 7701627397 6.1 1672 1279781785 2.950116 7 9 736578 097 6.55037 6.1935 .87715 125 7017070475 5421 6.25911 .00 1615 461 2211 5. 5 .27316 5.5 16 5.62777 515275 2 9.29 750 756300 1754 7666 2 2154 10155 66 61138 5.97311 6701 1516 511 517 ELTILLIS TOLSTS CYSTYY