Suppose a homeowner borrows $300,000 on a mortgage loan, and the loan is to be repaid with equal monthly payments over a 25-year period. The bank (lender) charges 4% interest annually, compounded quarterly. The mortgage term is 5 years fixed. (a) What is the effective monthly rate of this transaction? (b) What is the monthly payment of this transaction? (c) What are the total payments and interest payments of this transaction (assume that the interest rate remains the same over 25 years)