1 * Upl X Instructions You Have Decided to use a 20 year Amortization for your Mortgage. Use this information to find the MONTHLY mortgage PAYMENT using the mortgage amount from previous section and a rate of 3.75%. You must also determine the amount of INTEREST, PRINCIPAL and BALANCE owing for the mortgage after 2 Years and 7 Months. Input all the TVM variables and answers into the fields below. Mortgage Amount From Previous Question Do Sections 1-3 Prior to 20 Years Section 4 P/Y P2 Months C/Y Present Value of Loan (P\- I Amortization P1 Months Number of Periods (N) Monthly Payment (PMT) BALANCE OWING (BAL) Mortgage Rate As % (I/Y) Value At End of Loan (FV - PRINCIPAL PAID (PRN) 3.75 Section Value: 7 INTEREST PAID (INT) Submit Answers 1 * Upl X Instructions You Have Decided to use a 20 year Amortization for your Mortgage. Use this information to find the MONTHLY mortgage PAYMENT using the mortgage amount from previous section and a rate of 3.75%. You must also determine the amount of INTEREST, PRINCIPAL and BALANCE owing for the mortgage after 2 Years and 7 Months. Input all the TVM variables and answers into the fields below. Mortgage Amount From Previous Question Do Sections 1-3 Prior to 20 Years Section 4 P/Y P2 Months C/Y Present Value of Loan (P\- I Amortization P1 Months Number of Periods (N) Monthly Payment (PMT) BALANCE OWING (BAL) Mortgage Rate As % (I/Y) Value At End of Loan (FV - PRINCIPAL PAID (PRN) 3.75 Section Value: 7 INTEREST PAID (INT) Submit Answers