9. (Mortgage + EAIR + processing fee) Your local bank has offered you a 20- year, $100,000 mortgage. The bank is charging 1.5 points, with "proc-essing" costs of $750; both points and processing costs are deducted from the mortgage when it is given. The mortgage carries a 10% annual interest rate and is paid in 20 equal annual payments. Note that the annual payments on the mortgage are calculated on the full amount of the mortgage (that is, $100,000). a. Calculate the annual mortgage payment. b. Calculate theEAIR. c. Present an amortization table which shows the amount of effective interest you pay eachyear. Please use excel formulas to explain.