Question 7 [8 points Five years ago Swan and Bruce purchased a home and got a $304743 mortgage with a 5-year formand 20 year amortization at interest.compounded semi-annually with monthly payments. They werenewing the mortgage on the same amortion imeline for a four year term at est compounded semiannually and weekly payments For full mark your answer should be rounded to the nearest cant a) What is the balance remaining for the first Balance $ 0.00 b) How much total interest was paid during the first fem? interest=$ 0.00 c) How much total principal was pod down during the first term? Principal $ 0.00 dj How much are the new payments for the second term? Payment = $ 0.00 e) What is the balance remaining after the second om? Balance =$ 0.00 Question 7 [8 points Five years ago Swan and Bruce purchased a home and got a $304743 mortgage with a 5-year formand 20 year amortization at interest.compounded semi-annually with monthly payments. They werenewing the mortgage on the same amortion imeline for a four year term at est compounded semiannually and weekly payments For full mark your answer should be rounded to the nearest cant a) What is the balance remaining for the first Balance $ 0.00 b) How much total interest was paid during the first fem? interest=$ 0.00 c) How much total principal was pod down during the first term? Principal $ 0.00 dj How much are the new payments for the second term? Payment = $ 0.00 e) What is the balance remaining after the second om? Balance =$ 0.00