Narrative 14-1
for Problems in This Section, Use Table 14-1 $6 \frac { 3 } { 4 } \%$

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. Find the total interest for a mortgage of $96,500 at $6 \frac { 3 } { 4 } \%$ for 25 years.

A) $99,000.00
B) $103,544.50
C) $125,876.54
D) $241,393.60