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Patriciana bought a house with a mortgage of $ 3 4 6 , 4 0 0 . The mortgage is being financed with an interest

Patriciana bought a house with a mortgage of $346,400. The mortgage is being financed with an interest
rate of 4.85% compounded monthly. Patriciana will make payments of $1,878.
(a) How many payments will Patriciana have to make to repay the mortgage?
payment(s)
(b) How long, in months, will it take Patriciana to pay off the mortgage? (Hint: In an annuity due, payments
are made at the beginning of each period.)
month(s)
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