Mathematics, 12.04.2021 18:20 thulani2

Calculate the monthly payment of the following mortgages: 1) Mortgage Amount: $146,800.00
APR: 5.25 percent
Term: 30 years

a. Calculate the monthly payment: $
b. Calculate the total interest paid: $

2) Mortgage Amount: $113,400.00
APR: 5 percent
Term: 15 years

a. Calculate the monthly payment: $
b. Calculate the total interest paid: $

Answers: 1

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Calculate the monthly payment of the following mortgages: 1) Mortgage Amount: $146,800.00
APR...