Assume that you purchase a home for $142,000 and put 20% down and qualify for a $113,600 (80% of $142,000), 15 year 6.75% interest mortgage. After 5 years (60 payments), you decide to refinance the then outstanding balance with a 10 year 5.125% mortgage. What will your new monthly mortgage payments be? (Carry your computations to two decimal places). SURE THAT YOU HAVE YOUR PAYMENTS SET ON 12 PER YEAR!!!