Joe will purchase a home and finance $200,00 at 6% over 30 years. When entering your answers, do not use dollar signs, commas, or negative signs. Round to the nearest dollar. 1. Calculate Joe's mortgage payment 2. Calculate the amount of interest Joe will pay over the last 5 years of the loan. 3. What is the balance on Joe's loan after 10 years? 4. What is the effective rate on the loan? Express your answer as a percent rounded to 2 decimal places, i.e. 7.77 or 12.45