Felipe and Suzie want to calculate the difference in monthly payments on a $110,000 home as a result of a $5,000 down payment or a $10,000 down payment. Use your financial calculator to figure the monthly payments, assuming they get a 6.5%, 30-year mortgage. (Fill numbers in the following blanks. Round to the second digit after the decimal.)
-Monthly payments for the $5,000 down payment plan: $ .
-Monthly payments for the $10,000 down payment plan: $
-The difference in monthly payments = $
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