Question 4 of 12 Cameron received a 15 year loan of $260,000 to purchase a house. The interest rate on the loan was 3.80% compounded monthly. a. What is the size of the monthly loan payment? $ $0.00 Round to the nearest cent b. What is the principal balance of the loan at the end of 3 years? $ $0.00 Round to the nearest cent SUBMIT QUESTION 1 Question 4 of 12 WONDO Round to the nearest cent b. What is the principal balance of the loan at the end of 3 years? $ $0.00 Round to the nearest cent c. By how much will the amortization period shorten if Cameron made an extra payment of $52,000 at the end of the year 3? o years o months Express the answer in years and months, rounded to the next month CHIDMAT ALICETIAM