Narrative 14-1
For problems in this section, use Table 14-1 from your text to find the monthly mortgage payments,
when necessary.
Refer to Narrative 14-1. Ursula has a mortgage of $82,000 at $6\frac{3}{4}$% for 25 years. Find the total interest.
a. $87,986.00
b. $81,362.00
c. $73,468.80
d. $101,689.60