Arlen buys a home for $328,000 and makes a down payment of $33,000. The balance he nances with a fteen-year mortgage with monthly payments and an annual effective interest rate of 5.8%.There willbelevel paymentsfollowed by a nal slightly reduced payment. Calculate the amount of interest that Arlen pays in the rst ve years of the loan. NO EXCEL FUNCTIONS!! Only use financial math to explain and no skipping intermediate steps