Using this table as needed, calculate the required information for the mortgage. (round dollars to the nearesr cent).

11. [-/4 Points] DETAILS BRECMBC9 14.1.002. Using this table as needed, calculate the required information for the mortgage. Term Amount Interest Financed Rate of Loan (years) Number of $1,000s Financed Table Factor (in $) Monthly Payment (in $) Total Interest (in $) $88,500 5.00% 30 [-/4 Points] DETAILS BRECMBC9 14.1.004. Using this table as needed, calculate the required information for the mortgage. (Round dollars to the nearest cent.) Table Total Term Number Amount Interest Financed of Loan (years) Factor (In $) of $1,000 Financed Monthly Payment (in $) Rate Interest (in 5) 15 $169,300 160.3 $ $8.04 $1361 17 320721 2 MY NOTES ASK YOUR TEACHER MY NOTES ASK YOUR TE Table 14-1: Monthly Payments to Amortize Principal and Interest per $1,000 Financed Monthly Payments (Necessary to amortize a loan of $1,000). 5 10 35 40 Interest Rate(%) 3.50 3.75 Years 18.19 15 Years 7.15 20 Years 5.80 Years 9.89 10.01 25 Years 5.01 30 Years 4.49 Years Years 4.13 18.30 7.27 5.93 5.14 3.87 4.03 4.63 4.00 18.42 10.12 7,40 6.06 5.28 4.77 4.43 4.18 4.25 18.53 10.24 7.52 6.19 5.42 4.92 4.56 4.34 4.50 18.64 10.36 7.65 6.33 5.56 5.07 4.73 4.50 4.75 18.76 10.48 7.78 6.46 5,70 5.22 4,89 4.56 5.00 18.87 10.61 7.91 5.85 5.37 5.05 4.82 5.25 18.99 10.73 6.04 5.99 5.52 5.21 4.99 5.50 19.10 10.85 8.17 6.14 5.68 5.37 5.16 5.75 19.22 10.98 8.30 6.29 5.84 5.54 5.33 6.00 19.33 11.10 8.44 6.44 6.00 5.70 5.50 6.25 19.45 11.23 8.57 6.60 6.16 5.87 5.68 6.50 19.57 11.35 8.71 6.75 6.32 6.04 5.85 6.75 19.68 11:48 8.85 6.91 6.49 6.21 6.03 7.00 19.80 11.61 8.99 7.07 6.65 6.39 6.21 7.25 19.92 11.74 9.13 7:23 6.812 6.56 6.40 7.50 20.04 11.87 9.27 7.39 6.99 6.74 6.58 7.75 20.16 12.00 9.41 7.55 7.16 6.92 6.77 20.28 12.13 8.00 9.56 7.72 7,34 7.10 6.95 12.27 8.25 9.70 7.51 20,40 7.88 7.14 7,28 12.40 9.85 7.69 8.50 8.05 7.47 20.52 7.33 12.53 8.22 7.87 9.99 7,65 20.64 8.75 7.52 8.39 8.05 7.71 12.67 7.84 9.00 10.14 20.76 8.56 8.03 7.91 20.88 8.23 10.20 9.25 12.00 0.22 8.10 8.41 8.74 12.94 9.50 21.00 10.44 11.01 11.50 1.30 B.AL 9.75 21.12. 13.08 10.59 09/9 6.74 6.88 7.02 7.16 7.31 7.46 7.6 7.75 7,90 8.06 8.21 8.36 81.52 8.60 8.84 9.00 9.16 9.32 9.40