o. Suppose you bought a house with 20% down payment and took out a mortgage for the remainig amount. You must amortize the loan over 30 years with equal end-of-month payments. Set up the amortization schedule for the first 12 months only. Also calculate effective annual rate (EAR) and toal interest payment over 30 year life of the mortgage. Original price of the house : $782,417 Down Payment 20% Term of mortgage: 30 years Interest rate: 5.35% Periods per year Total number of periods Interest rate per period: Down Payment Amount Borrowed Monthly payment (use PMT function):