Refer to the facts in the previous question. At the end of the original five-year term, Paul obtained a renewal rate of 3.5% for a new five-year term. Required (show all calculations): How much is his new monthly mortgage payment under the renewal? Refer to the facts in the previous question. At the end of the original five-year term, Paul obtained a renewal rate of 3.5% for a new five-year term. Required (show all calculations): How much is his new monthly mortgage payment under the renewal