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Please answer all parts (a) through (d). (4pts) For a 30 year monthly level-pay home mortgage loan of $500,000 with 3% interest rate (a) Compute

image text in transcribed Please answer all parts (a) through (d).

(4pts) For a 30 year monthly level-pay home mortgage loan of $500,000 with 3% interest rate (a) Compute the monthly level payment. (b) What is the total amount of interest you pay during the loan? (c) After how many periods have you just paid off half of the principal? Find n where Bn-1 > $250,000, Bn L/2, In $250,000, Bn L/2, In

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