Question: Use #3 solution to help solve #4. Please show work and help me out! Use the following information to answer questions 3 and 4. As

Use #3 solution to help solve #4. Please show work and help me out! Use #3 solution to help solve #4. Please show work and help

Use the following information to answer questions 3 and 4. As you launch your professional career, you've decided to purchase a new home for $213,000,00. You've been working hard to save enough funds to make a 20 downpayment, using a traditional 30-year mortgage loan. You purchase a newhoped around for mortgage rates and have agreed to a loan with an annual interest rate of 6.25 . monthly parments and has monthly compounding. What will your payment be to pay off this loan over 30 years? (answer in dollars, rounded to the nearest penny. For example, if your answer 123456,78. Type your answer.a 5 points Your career is progressing well, and you've been offered an exciting opportunity in a different city. You sell your current home exacty ' Y years after purchasine it and geced to know how much you still owe on the loan. Assume that you vl made only the regulred gayments to this point. What is the outstanding loan balance you must repay as you sell your current home? (answer in dollars, rounded to the nearest penny. For example. if your answer is $123,456.78 you should enter 123456.78. Use the following information to answer questions 3 and 4. As you launch your professional career, you've decided to purchase a new home for $213,000,00. You've been working hard to save enough funds to make a 20 downpayment, using a traditional 30-year mortgage loan. You purchase a newhoped around for mortgage rates and have agreed to a loan with an annual interest rate of 6.25 . monthly parments and has monthly compounding. What will your payment be to pay off this loan over 30 years? (answer in dollars, rounded to the nearest penny. For example, if your answer 123456,78. Type your answer.a 5 points Your career is progressing well, and you've been offered an exciting opportunity in a different city. You sell your current home exacty ' Y years after purchasine it and geced to know how much you still owe on the loan. Assume that you vl made only the regulred gayments to this point. What is the outstanding loan balance you must repay as you sell your current home? (answer in dollars, rounded to the nearest penny. For example. if your answer is $123,456.78 you should enter 123456.78

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