c) Wayne's mortgage has just come up for further renewal. He has decided to take advantage of your relatively low rates and wishes to investigate tranferring it to your North Vancouver Credit Union branch that charges 3.65% compounded monthly, payable over 15 years. D ii) Calculate the size of the principal balance being refinanced. Calculate the size of the new monthly payment. Wayne seems amazed that he has only repaid a small fraction of his original loan. You will draw a large scale, fully labelled graph that visually explains to Wayne how the loan has been amortized over the past ten (10) years. You are only expected to plot the annual balances owing. c) Wayne's mortgage has just come up for further renewal. He has decided to take advantage of your relatively low rates and wishes to investigate tranferring it to your North Vancouver Credit Union branch that charges 3.65% compounded monthly, payable over 15 years. D ii) Calculate the size of the principal balance being refinanced. Calculate the size of the new monthly payment. Wayne seems amazed that he has only repaid a small fraction of his original loan. You will draw a large scale, fully labelled graph that visually explains to Wayne how the loan has been amortized over the past ten (10) years. You are only expected to plot the annual balances owing