Question 8 [6 points] Calculate the payment amounts when the mortgages below are renewed for a second term. Assume interest rates are fixed and compounded semi-annually, and that the amortization period is reduced appropriately upon renewal For full marks your answer should be rounded to the nearest cent. : :U Original Amortization Principal Period (Years) $368,266 25 New Payment 0.00 : Ur : Un $676,014 30 First-Term Second-Term Information Information 8.25% 4.25% Weekly payments Monthly payments 3-year term 3-year term 6.50% 4.50% Biweekly payments Biweekly payments 4-year term 5-year term 7.50% 6.25% Monthly payments Biweekly payments 5-year term 3-year term 0.00 Unl : Unli $518,050 20 0.00 Unlir Unlin