7. Assuming a nominal rate of interest of 6% compounded monthly, calculate the monthly payment if you borrow $200,000 and pay it off over 5 years, 10 years, 15 years, ..., 30 years, or 50 years. In each case how much will you have paid when you have paid off the entire amount? Calculate the 20 and 30 year payments if the interest rate is 8% compounded monthly