Chapter 5 Financial Planning Exercise 7 Calculating monthly mortgage payments Find the monthly mortgage payments on the following mortgage loans using either your calculator or the Excel spreadsheet. a. $180,000 at 9.0 percent for 10 years. Do not round intermediate calculations. Round the answer to the nearest cent. $ b. $105,000 at 5.5 percent for 20 years. Do not round intermediate calculations. Round the answer to the nearest cent. $ c. $95,000 at 5 percent for 15 years. Do not round intermediate calculations. Round the answer to the nearest cent. $