Calculate the monthly payments of a $30-$year fixed$-$rate mortgage at $5\mathrm{.}50$ percent for $$176,300.$ How much interest is paid over the life of the loan? Note: Round intermediate computations to at least five $(5)$ decimal places.

Click on the table icon to view the Monthly Installment Loan Payment Factor $($MILPF$)$ table:

The monthly payments of a $30-$year fixed$-$rate mortgage at $5\mathrm{.}50\%$ for $$176,300$ is $ $($Round to the nearest cent$)$

The amount of interest paid over the life of the loan is $ $($Round to the nearest cent$)$