14 ) You purchase a revenue property in the Langford area of Victoria. The house cost $750,000 and you had a $150,000 down payment and financed the rest with monthly payments over 25 years. Find the size of the monthly payments if the interest rate is j2=4%. (the bank has a policy of rounding up all payments to the next dollar). a. What is the size of the monthly payment? b. Your accountant has told you that you may deduct the interest portion of your payments from your rental revenue. How much interest did you pay in the first year? C. How much will you still owe when you renew your mortgage in 3 years? d. If the interest rate remains the same for the entire mortgage what will be the size of your final payment? 7:40 AM 4/16/2020