Question 19 (1 point) Listen A couple took out a $400,000.00 mortgage ten years ago. The original terms called for 30 years of monthly payments at a 7% APR. The couple has made all payments over the last 10 years. Currently, they are considering re-financing their mortgage. The couple has been offered a chance to re-finance their mortgage balance. The new mortgage will be for 30 years at the lower rate of 3.60% APR with monthly compounding. The mortgage will call for monthly payments. What is the new monthly payment if the couple refinances? None of the above O $1,689.21 $1,560.57 $1,521.89 $1,638.73 Question 2011