25 You have just negotiated a home mortgage wth a principal of $350,000. The tank's quoted rate is 7.7%. You chose a 20-year amortization and you decide to make 25 payments per year. Each mortgage payment is $130697 How much interest do you pay in the first year? Express your answer as a percentage of the total value of your mortgage payments in the first year. The interest as percerage of the total payments in year found to four decimal places as needed.) R&SAX 25 You have just negotiated a home mortgage wth a principal of $350,000. The tank's quoted rate is 7.7%. You chose a 20-year amortization and you decide to make 25 payments per year. Each mortgage payment is $130697 How much interest do you pay in the first year? Express your answer as a percentage of the total value of your mortgage payments in the first year. The interest as percerage of the total payments in year found to four decimal places as needed.) R&SAX