(b) Problem 1 Upon graduation in May, 2020 your charm, wit, beauty, physique, and education ) enable you to "marry money." You and your "better half" immediately buy a dream house, involves taking out a thirty-year $300,000 mortgage. (a) If the mortgage company charges 0.30 percent per month, calculate your monthly payments. How much of your loan is still outstanding June 1, 2030: June 1, 2035; and June 1, 2045? Assume you and your spouse "close the deal" June 1, 2020. Complete the following table: Year Payment Date Monthly Interest Principal Unpaid Number Payment Paid Paid Off Balance $350,000 6/1/20 7/1/20 8/1/20 $xxx.xx xxx.xx 5 10 60. 120 1971/20 6/1/25 6/1/30 180 6/1/35 240 6/1/40 300 6/1/45 359 360 5/1/50 6/ 1/50 30 $0.00