Mike reads an advertisement listing a 2-bedroom and 2-bathroom suite for a price of $680,000.00. (a) Suppose he is able to secure a mortgage for a five-year initial term at 3.38 percent compounded semi-annually and have $70,000 as a down payment. What would the required bi-weekly (26 per year) payment on this mortgage be if he amortized it over 25 years? (b) Find the total amount of interest that he would pay over the entire 25-year amortization. (c) Construct an amortization table for payment numbers 121, 122, and 123 based on the calculations in part (a). (a) Suppose he is able to secure a mortgage for a five-year initial term at 3.38 percent compounded semi-annually and have $70,000 as a down payment. What would the required bi-weekly (26 per year) payment on this mortgage be if he amortized it over 25 years? The required payment would be $1 1. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) Find the total amount of interest that he would pay over the entire 25-year amortization. He would pay a total of $ in interest. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) Construct an amortization table for payment numbers 121, 122, and 123 based on the calculations in part (a). Payment Number Payment Amount Principal Paid Interest Paid Remaining Balance 121