Logan has a mortgage of $380,000 through the langerine Bar property. The mortgage is repaid by end of month payments with an interest rate of 3.4% compounded monthly for a term of 2 years, amortized over 21 years. At the end of the 2-year term, Logan will renew the mortgage for another 2-year term at a new, lower interest rate of 3.1% compounded monthly. Round ALL answers to two decimal places if necessary. 1) What are the end of month payments before the renewal of the mortgage? P/Y = 12 C/Y = 12 N = 12 1/Y = 3.4 % PV = $ 380,000 FV = $0 PMT = $ (enter the rounded value into the calculator) 2) What is the balance when the mortgage is renewed? P1 = P2 = BAL = $ Enter a positive value. 3) What will be the new end of month payments after the mortgage is renewed? PNY = 12 CNY = 12 N = VY = 3.1 % PV = $ 380,000 FV = $ 0 PMT = $