Kimiko signed a mortgage requiring payments of $210.31 at the end of every month for 4 years at 6.2% compounded monthly.

(a) How much was the original mortgagebalance?

(b) If Kimiko missed the first 6 payments, how much would she have to pay after 7 months to bring the mortgage payments up todate?

(c) How much would Kimiko have to pay after 7 months to pay off the mortgage(assuming she missed all thepayments)?

(d) If the mortgage were paid off after 7 months, what would the total interest costbe?

(e) How much of the total interest cost is additional interest because of the missedpayments?

(a) The original mortgage balance was $

nothing

.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)

(b) Kimiko would have to pay $

nothing

.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)

(c) Kimiko would need $

nothing

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)

(d) The total interest cost would be $

nothing

.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)

(e) The interest resulting from the deferral is $

nothing

.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)