https/ewconnect mheducat Help Save & Exit You have secured a loan from your bank for two years to build your home. The terms of the loan are that you will borrow $200.000 now and an additional S100,000 in one year Interest of 10 percent APR will be charged on the balance monthly Since no payments will be made during the 2-year loan, the balance will grow at the 10 percent compounded rate. At the end of the two years, the balance will be converted to a traditional 30-year mortgage at a 6 percent interest rate What will you be paying as monthly mortgage payments (principal and interest only)? (Do not round intermediate calculations and so round your finel answer to 2 decimal places