An interest-only mortgage is made for $84,000 at 6 percent interest for 10 years. The fender and borrower agree that monthly payments will be constant and will require no loan amortization. Required: a. What will the monthily payments be? b. What will be the loan balance after five years? c. If the loan is repaid after five years, what will be the yeid to the fender? d. Instead of being repaid after five years, what will be the yield if the loan is repaid after 10 years? An interest-only mortgage is made for $84,000 at 6 percent interest for 10 years. The fender and borrower agree that monthly payments will be constant and will require no loan amortization. Required: a. What will the monthily payments be? b. What will be the loan balance after five years? c. If the loan is repaid after five years, what will be the yeid to the fender? d. Instead of being repaid after five years, what will be the yield if the loan is repaid after 10 years