Please answer both parts properly.

Secondary Mortgage Purchasing Company (SMPC) wants to buy your mortgage from the local savings and loan. The original balance of your mortgage was $147,000 and was obtained five years ago with monthly payments at 10 percent interest. The loan was to be fully amortized over 30 years. Required: a. What should SMPC pay if it wants an 11 percent return? b. What is the balance of the original loan after five additional years ( 10 years from origination)? Complete this question by entering your answers in the tabs below. What should SMPC pay if it wants an 11 percent return? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places