Question 5 Amy has a mortgage of $264,000 to be repaid by end of month payments with an interest rate at 5.4% compounded monthly over the entire duration of the mortgage of 23 years. a. What is the amount of each payment? P/Y = CNY = I/Y = % N = PV = FV = PMT = b. How much interest was paid in the 2nd year? = $ (Enter a positive value for your answer.)