Based on Exhibit 9-9, or using a financial calculator, what would be the monthly mortgage payments for each of the following situations? (Round time value factor and final answers to 2 decimal places.) What relationship exists between the length of the loan and the monthly payment? How does the mortgage rate affect the monthly payment? Monthly Mortgage Payment a 5132,000. 15-year loan at 5.00 percent b. $149,000, 30-year loan at 6.00 percent c $147,000,20-year loan at 7.00 percent d-1 Longer mortgage terms mean a 0-2 For increase in mortgage rate monthly payment monthly payment is required