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 $340,000, 80% of which was in the first mortgage, what is her approximate monthly interest payment?	Choose the correct choice from the following options:  A) $1,416  B) $1,733  C) $3,466  D) $13,333  E) $20,796
0.04x + 0.09y = 340000 [1]   0.04x = 0.80 * 340000= 
<gadget id="calculator">0.80 * 340000</gadget>
<output>272_000</output>
272000 [2]   272000 + 0.09y= 340000 --&gt; 0.09y = 64000 [3]   272000 / 12 = 22666.67 [4]   64000 / 12 = 5666.67 [5]   $1,416dding [4,5] we get: 28333.33 [6]   Dividing [6] / 2 to get an average we get 1.416,$1,416NS $1,416
<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 $340,000, 80% of which was in the first mortgage, what is her approximate monthly interest payment?