Narrative 14-1
for Problems in This Section, Use Table 14-1 $8 \frac { 1 } { 2 } \%$

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 in your text 14-1. Roberto has a mortgage of $89,500 at $8 \frac { 1 } { 2 } \%$ for 20 years. Find the total interest.

A) $99,502.31
B) $103,201.28
C) $96,946.40
D) $97,855.68