Close Date: Fri, Apr 12, 2024 11:59 PM Question 2 of 6 Caleb purchased a house for $500,000. She made a downpayment of 15% of the value of the house and received a mortgage for the rest of the amount at 5.50% compounded semi-annually for 15 years. The interest rate was fixed for a 5-year term. a. Calculate the size of the monthly payments. $2,682.24 Round to the nearest cent b. Calculate the principal balance at the end of the 5-year term. SAVE PROGRESS 7 SUB