9. How much interest will you pay in the 12th year of a $85,000, 5.5%, 25 year mortgage, assuming monthly compounding? P/YR = 12 Get PMT first. P/YR = 12 PV=-85,000, I/YR-5.5, N=25*12=300, PMT= ? 133 INPUT (144-12*1+1=133; 12*11-132 marks the end of 11th year, 133 marks the first payment of 12th year). 144 AMORT (12*12) a. 3,062.219 b. 3,198.201 c. 3,014.225 d. 3,284.047