Loans Review: Katie took a $200,000 ten-year mortgage to buy a house. The interest rate is 12% convertible monthly and Katie makes monthly payments of $3,000 for the first three years. Determine how large her monthly payment needs to be for the remaining 7 years in order to pay off the mortgage at the end of the 10-year period. Possible Answers $2750 B > $2750 but $2800 but $2850 but $2900 2021 - actuarial e-learning portal