1.Suppose you are making payments on a fixed rate mortgage. Which of the following is correct about payments early in the life of the mortgage? a.You have a choice on how they are divided between principal and interest b.They are mostly interest c.They are mostly principal 2. 8 years ago you borrowed $200,000 to buy a house. The interest rate quoted to you was 6.33 percent for 30 years with monthly payments. Assuming you have made only regular monthly payments up to now, the amount (in $) you still owe on the loan today is:(Answer to two decimals.)