Joni and Makayla have taken out a 30-year, $230,000 mortgage at an annual rate of 5%, compounded monthly. Find the monthly payment on their mortgage. Monthly payment $1234.75$Correct After 8 years, they decide to refinance. Find the balance left on the original mortgage. Original loan balance $257558.68$Incorrect Joni and Makayla's refinanced loan is for 22 years and has an annual rate of 2.1%. Find the monthly payment on the refinanced loan. Refinanced monthly payment How much will they save per month? How much total will they save over the lifetime of the mortgage? Monthly savings Total savings Suppose that Joni and Makayla take the monthly savings from their refinance and invest it. If their investments earn an annual rate of 7%, compounded monthly, how much will they have accumulated by the end of the mortgage? Accumulated savings