Question: Using this table as needed, calculate the required information for the mortgage. Amount Financed $98,500 Interest Rate 8.00% Term of Loan (years) 30 Number of
Using this table as needed, calculate the required information for the mortgage. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \begin{tabular}{l} Amount \\ Financed \end{tabular} & \begin{tabular}{l} Interest \\ Rate \end{tabular} & \begin{tabular}{l} Term \\ of Loan \\ (years) \end{tabular} & \begin{tabular}{l} Number \\ of $11,000 s \\ Financed \end{tabular} & \begin{tabular}{l} rable \\ Factor \\ (in \$) \end{tabular} & \begin{tabular}{l} Monthly \\ Payment \\ (in \$) \end{tabular} & \begin{tabular}{c} Total \\ Interest \\ (in \$) \end{tabular} \\ \hline 598,500 & 3.00% & 30 & & 5 & \$ & 5 \\ \hline \end{tabular}
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