A mortgage loan in the amount of $100,000 is made at 6 percent interest for 20 years. Payments are to be monthly in each part of this problem. Assume that the lender charges 3 points to close the loans in parts a (1) through a (4). What would be the APR for each? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Assuming that 3 points are paid at closing and the 20 -year loan is prepald at the end of year 5 , what will be the effective rate of Interest for each loan in parts a (1) through a (4)? Note: Do not round intermediate calculations. Round your final answors to 2 decimal places. Complete this question by entering your answers in the tabs below. Assume the loan is fully amortizing except that payments will be "interest only" for the first three years (36 months). If the loan is to fully amortize over the remaining 17 years, what must the monthly payments be from year 4 through year 20 ? Note: Round your final answer to 2 decimal places: If this is a negative amortizing loan and the borrower and lender agree that the loan baiance of $150,000 will be payable at the end of year 20 : (1) How much total interest will be paid from all payments? How much total principal will be paid? Note: Round your final answer to 2 decimal places. (2) What will be the loan balance at the end of year 3 ? Note: Round your final answer to 2 decimal places. (3) If the loan is repaid at the end of year 3 , what will be the effective rate of interest? (4) If the lender charges 4 points to make this loan, what will the effective rate of interest be if the loan is repaid at the end of year 3 ? Note: Round your final answer to 2 decimal places. A mortgage loan in the amount of $100,000 is made at 6 percent interest for 20 years. Payments are to be monthly in each part of this problem. Assume that the lender charges 3 points to close the loans in parts a (1) through a (4). What would be the APR for each? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Assuming that 3 points are paid at closing and the 20 -year loan is prepald at the end of year 5 , what will be the effective rate of Interest for each loan in parts a (1) through a (4)? Note: Do not round intermediate calculations. Round your final answors to 2 decimal places. Complete this question by entering your answers in the tabs below. Assume the loan is fully amortizing except that payments will be "interest only" for the first three years (36 months). If the loan is to fully amortize over the remaining 17 years, what must the monthly payments be from year 4 through year 20 ? Note: Round your final answer to 2 decimal places: If this is a negative amortizing loan and the borrower and lender agree that the loan baiance of $150,000 will be payable at the end of year 20 : (1) How much total interest will be paid from all payments? How much total principal will be paid? Note: Round your final answer to 2 decimal places. (2) What will be the loan balance at the end of year 3 ? Note: Round your final answer to 2 decimal places. (3) If the loan is repaid at the end of year 3 , what will be the effective rate of interest? (4) If the lender charges 4 points to make this loan, what will the effective rate of interest be if the loan is repaid at the end of year 3 ? Note: Round your final answer to 2 decimal places