1. The loan is for $140,000 with a rate of 3.96% for 30 years payable monthly. a. Calculate the Monthly Payment (MP): b. Do a monthly Amortization Table for 4 months using the MP: c. Calculate the Loan Balance (LB) using the formula approach at the end of 4 months. 2. The loan is for $140,000, points and other bank fees total $950. The rate is 3.96% for 30 years (monthly). a. Calculate Monthly Payment (MP): b. Calculate Net Disbursement (ND): c. Calculate Loan Balance (LB) or Mortgage Balance after 14 years have lapsed: d. Calculate the effective-interest cost or yield after 14 years have lapsed: e. Now, assume a prepayment penalty of $500 when calculating the effective- interest cost to the borrower after 14 years have lapsed. Effective-Interest Cost or Internal Rate of Return for the lender: For credit show work as done in Problem Solution Handout for all parts of this