A $180,000 mortgage amortized by monthly payments over 25 years is renewable after five years.

(a) If interest is 6.11% compounded semi-annually, what is the size of each monthly payment?

(b) Find the total interest paid during the first year.

(c) Compute the interest included in the 27th payment.

(d) If the mortgage is renewed after five years at 7.37% compounded semi-annually, what is the size of the monthly payment for the renewal period?

(e) Construct a partial amortization schedule showing details of the first three payments for each of the two terms.

(a) The size of each monthly payment is $

(b) The total interest paid is $

(c) The interest included in the 27th payment is $

(d) The renewed monthly payments are $

(e) Complete the partial amortization schedule.

A $180,000 mortgage amortized by monthly payments over 25 years is renewable after five years. (a) If interest is 6.11% compounded semi-annually, what is the size of each monthly payment? (b) Find the total interest paid during the first year. (c) Compute the interest included in the 27th payment. (d) If the mortgage is renewed after five years at 7.37% compounded semi-annually, what is the size of the monthly payment for the renewal period? (e) Construct a partial amortization schedule showing details of the first three payments for each of the two terms. (a) The size of each monthly payment is $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The total interest paid is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The interest included in the 27th payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The renewed monthly payments are $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (e) Complete the partial amortization schedule. (Round to the nearest cent as needed.) Payment Number Amount Paid 0 Interest Paid Principal Repaid Outstanding Principal Balance $180,000 $ 1 $ $ 2 $ $ $ $ 3 $ Continue filling out the partial amortization schedule. (Round to the nearest cent as needed.) Payment Number Amount Paid Interest Paid Principal Repaid Outstanding Principal Balance 61 $ $ $ $ 62 $ 63 $