A new home buyer pays 4% annual interest on her first mortgage and 9% annual interest on her second mortgage. If she borrowed a total of $310,000, 80% of which was in the first mortgage, what is her approximate monthly interest payment?	Answers:
A) $1,292 B) $1,733 C) $3,466 D) $12,917 E) $20,796
0.04x + 0.09y = 310000 [1]   0.04x = 0.80 * 310000= 
<gadget id="calculator">0.80 * 310000</gadget>
<output>248_000</output>
248000 [2]   248000 + 0.09y= 310000 --&gt; 0.09y = 62000 [3]   248000 / 12 = 258333.3333 [4]   62000 / 12 = 5166.67 [5]   $1,292dding [4,5] we get: 25833 [6]   Dividing [6] / 2 to get an average we get 1.292,$1,292NS $1,292
<result>A</result>
A new home buyer pays 4% annual interest on her first mortgage and 9% annual interest on her second mortgage. If she borrowed a total of $310,000, 80% of which was in the first mortgage, what is her approximate monthly interest payment?