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please answer in formulas and round decimals to two decimal places for interest rates and dollar amounts in final answers. please answer in text that

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please answer in formulas and round decimals to two decimal places for interest rates and dollar amounts in final answers. please answer in text that can be copied not in a picture format or excel.

6. Francisco & Fraidy Farfrumter are planning to purchase their first home in Funland, Florida. The purchase price of the house is $865,000 and Florida National Bank will be lending them 85% of the purchase price. The bank is charging them an APR of 4.82% over a 25-year period with monthly payments and the first payment is due one month from today. How much is each monthly payment ? How much total interest in dollars will they be paying over the 25-year period ? (Note: you do not need to construct an Amortization Schedule to calculate this amount)

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