Use this table to find the monthly mortgage payments, when necessary. 3 Find the total interest for a mortgage of $94,500 at 7% for 25 years. 4 O $97,000.00 O $119,542.50 O $134,602.88 $224,632.95

Use this table to find the monthly mortgage payments, when necessary.<br>3<br>Find the total interest for a mortgage of $94,500 at 7% for 25 years.<br>4<br>O $97,000.00<br>O $119,542.50<br>O $134,602.88<br>$224,632.95<br>

Extracted text: Use this table to find the monthly mortgage payments, when necessary. 3 Find the total interest for a mortgage of $94,500 at 7% for 25 years. 4 O $97,000.00 O $119,542.50 O $134,602.88 $224,632.95

Table 14-1: Monthly Payments to Amortize Principal and Interest per $1,000 Financed<br>Monthly Payments<br>(Necessary to amortize a loan of $1,000)<br>10<br>Interest<br>15<br>20<br>25<br>30<br>35<br>40<br>Rate (%)<br>Years<br>Years<br>Years<br>Years<br>Years<br>Years<br>Years<br>Years<br>3.50<br>18.19<br>9.89<br>7.15<br>5.80<br>5.01<br>4.49<br>4.13<br>3.87<br>3.75<br>18.30<br>10.01<br>7.27<br>5.93<br>5.14<br>4.63<br>4.28<br>4.03<br>4.00<br>18.42<br>10.12<br>7.40<br>6.06<br>5.28<br>4.77<br>4.43<br>4.18<br>4.25<br>18.53<br>10.24<br>7.52<br>6.19<br>5.42<br>4.92<br>4.58<br>4.34<br>4.50<br>18.64<br>10.36<br>7.65<br>6.33<br>5.56<br>5.07<br>4.73<br>4.50<br>4.75<br>18.76<br>10.48<br>7.78<br>6.46<br>5.70<br>5.22<br>4.89<br>4.66<br>5.00<br>18.87<br>10.61<br>7.91<br>6.60<br>5.85<br>5.37<br>5.05<br>4.82<br>5.25<br>18.99<br>10.73<br>8.04<br>6.74<br>5.99<br>5.52<br>5.21<br>4.99<br>5.50<br>19.10<br>10.85<br>8.17<br>6.88<br>6.14<br>5.68<br>5.37<br>5.16<br>5.75<br>19.22<br>10.98<br>8.30<br>7.02<br>6.29<br>5.84<br>5.54<br>5.33<br>6.00<br>19.33<br>11.10<br>8.44<br>7.16<br>6.44<br>6.00<br>5.70<br>5.50<br>6.25<br>19.45<br>11.23<br>8.57<br>7.31<br>6.60<br>6.16<br>5.87<br>5.68<br>6.50<br>19.57<br>11.35<br>8.71<br>7.46<br>6.75<br>6.32<br>6.04<br>5.85<br>6.75<br>19.68<br>11.48<br>8.85<br>7.6<br>6.91<br>6.49<br>6.21<br>6.03<br>7.00<br>19.80<br>11.61<br>8.99<br>7.75<br>7.07<br>6.65<br>6.39<br>6.21<br>7.25<br>19.92<br>11.74<br>9.13<br>7.90<br>7.23<br>6.82<br>6.56<br>6.40<br>7.50<br>20.04<br>11.87<br>9.27<br>8.06<br>7.39<br>6.99<br>6.74<br>6.58<br>7.75<br>20.16<br>12.00<br>9.41<br>8.21<br>7.55<br>7.16<br>6.92<br>6.77<br>8.00<br>20.28<br>12.13<br>9.56<br>8.36<br>7.72<br>7.34<br>7.10<br>6.95<br>8.25<br>20.40<br>12.27<br>9.70<br>8.52<br>7.88<br>7.51<br>7.28<br>7.14<br>8.50<br>20.52<br>12.40<br>9.85<br>8.68<br>8.05<br>7.69<br>7.47<br>7.33<br>8.75<br>20.64<br>12.53<br>9.99<br>8.84<br>8.22<br>7.87<br>7.65<br>7.52<br>9.00<br>20.76<br>12.67<br>10.14<br>9.00<br>8.39<br>8.05<br>7.84<br>7.71<br>9.25<br>20.88<br>12.80<br>10.29<br>9.16<br>8.56<br>8.23<br>8.03<br>7.91<br>9.50<br>21.00<br>12.94<br>10.44<br>9.32<br>8.74<br>8.41<br>8.22<br>8.10<br>9.75<br>21.12<br>13.08<br>10.59<br>9.49<br>8.91<br>8.59<br>8.41<br>8.30<br>10.00<br>21.25<br>13.22<br>10.75<br>9.65<br>9.09<br>8.78<br>8.60<br>8.49<br>10.25<br>21.37<br>13.35<br>10.90<br>9.82<br>9.26<br>8.96<br>8.79<br>8.69<br>10.50<br>21.49<br>13.49<br>11.05<br>9.98<br>9.44<br>9.15<br>8.98<br>8.89<br>10.75<br>21.62<br>13.63<br>11.21<br>10.15<br>9.62<br>9.33<br>9.18<br>9.08<br>11.00<br>21.74<br>13.78<br>11.37<br>10.32<br>9.80<br>9.52<br>9.37<br>9.28<br>11.25<br>21.87<br>13.92<br>11.52<br>10.49<br>9.98<br>9.71<br>9.56<br>9.48<br>11.50<br>21.99<br>14.06<br>11.68<br>10.66<br>10.16<br>9.90<br>9.76<br>9.68<br>11.75<br>22.12<br>14.20<br>11.84<br>10.84<br>10.35<br>10.09<br>9.96<br>9.88<br>12.00<br>22.24<br>14.35<br>12.00<br>11.01<br>10.53<br>10.29<br>10.16<br>10.08<br>12.25<br>22.37<br>14.49<br>12.16<br>11.19<br>10.72<br>10.48<br>10.35<br>10.29<br>12.50<br>22.50<br>14.64<br>12.33<br>11.36<br>10.9<br>10.67<br>10.55<br>10.49<br>12.75<br>22.63<br>14.78<br>12.49<br>11.54<br>11.09<br>10.87<br>10.75<br>10.69<br>13.00<br>22.75<br>14.93<br>12.65<br>11.72<br>11.28<br>11.06<br>10.95<br>10.90<br>

Extracted text: Table 14-1: Monthly Payments to Amortize Principal and Interest per $1,000 Financed Monthly Payments (Necessary to amortize a loan of $1,000) 10 Interest 15 20 25 30 35 40 Rate (%) Years Years Years Years Years Years Years Years 3.50 18.19 9.89 7.15 5.80 5.01 4.49 4.13 3.87 3.75 18.30 10.01 7.27 5.93 5.14 4.63 4.28 4.03 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 4.58 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 4.66 5.00 18.87 10.61 7.91 6.60 5.85 5.37 5.05 4.82 5.25 18.99 10.73 8.04 6.74 5.99 5.52 5.21 4.99 5.50 19.10 10.85 8.17 6.88 6.14 5.68 5.37 5.16 5.75 19.22 10.98 8.30 7.02 6.29 5.84 5.54 5.33 6.00 19.33 11.10 8.44 7.16 6.44 6.00 5.70 5.50 6.25 19.45 11.23 8.57 7.31 6.60 6.16 5.87 5.68 6.50 19.57 11.35 8.71 7.46 6.75 6.32 6.04 5.85 6.75 19.68 11.48 8.85 7.6 6.91 6.49 6.21 6.03 7.00 19.80 11.61 8.99 7.75 7.07 6.65 6.39 6.21 7.25 19.92 11.74 9.13 7.90 7.23 6.82 6.56 6.40 7.50 20.04 11.87 9.27 8.06 7.39 6.99 6.74 6.58 7.75 20.16 12.00 9.41 8.21 7.55 7.16 6.92 6.77 8.00 20.28 12.13 9.56 8.36 7.72 7.34 7.10 6.95 8.25 20.40 12.27 9.70 8.52 7.88 7.51 7.28 7.14 8.50 20.52 12.40 9.85 8.68 8.05 7.69 7.47 7.33 8.75 20.64 12.53 9.99 8.84 8.22 7.87 7.65 7.52 9.00 20.76 12.67 10.14 9.00 8.39 8.05 7.84 7.71 9.25 20.88 12.80 10.29 9.16 8.56 8.23 8.03 7.91 9.50 21.00 12.94 10.44 9.32 8.74 8.41 8.22 8.10 9.75 21.12 13.08 10.59 9.49 8.91 8.59 8.41 8.30 10.00 21.25 13.22 10.75 9.65 9.09 8.78 8.60 8.49 10.25 21.37 13.35 10.90 9.82 9.26 8.96 8.79 8.69 10.50 21.49 13.49 11.05 9.98 9.44 9.15 8.98 8.89 10.75 21.62 13.63 11.21 10.15 9.62 9.33 9.18 9.08 11.00 21.74 13.78 11.37 10.32 9.80 9.52 9.37 9.28 11.25 21.87 13.92 11.52 10.49 9.98 9.71 9.56 9.48 11.50 21.99 14.06 11.68 10.66 10.16 9.90 9.76 9.68 11.75 22.12 14.20 11.84 10.84 10.35 10.09 9.96 9.88 12.00 22.24 14.35 12.00 11.01 10.53 10.29 10.16 10.08 12.25 22.37 14.49 12.16 11.19 10.72 10.48 10.35 10.29 12.50 22.50 14.64 12.33 11.36 10.9 10.67 10.55 10.49 12.75 22.63 14.78 12.49 11.54 11.09 10.87 10.75 10.69 13.00 22.75 14.93 12.65 11.72 11.28 11.06 10.95 10.90

Jun 04, 2022

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Use this table to find the monthly mortgage payments, when necessary. 3 Find the total interest for a mortgage of $94,500 at 7% for 25 years. 4 O $97,000.00 O $119,542.50 O $134,602.88 $224,632.95

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