14. The Beyes plan to purchase a home for S240,000. They will pay 20% down and finance the remainder for 30 years at 6.2% compounded monthly. a) What are their monthly payments? Pmt - PV { Hradio b) What will be the principal portion of their 60% payment? PPmt - tgu (1+i)*** 4 PPmt = i. PV. 1-(1+i) or --- c) What will be the interest portion of their 100 payment? IPmt = tij, [1-(1+i)*") or IPmt -i . PV. 1-(1+1) 1-(1+i)" { ded