1.02-1 2. On December 31, 2005, a house was purchased with the buyer taking out a 30-year $90,000 mortgage at 3% interest compounded monthly. The mortgage payments are made at the end of each month. (a) How much of the principal will be paid off during the year 2014? (b) How much interest will be paid during the year 2014? boom pobes Celesa gosso