Note: Please make sure to properly format your answers. All dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the
comma ($2,354.67). All percentage values in the answers need to include a percentage sign (%). For all items without specific rounding instructions, round your answers to
two decimal places, show both decimal places (5.06).
Keisha is purchasing an apartment for $180,000. She has been approved for a 4.0% mortgage. She put 10% down and will be closing on April 22. Her first payment
is due May 1. How much should she expect to pay in prepaid interest?
