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urgenttt Alana has a mortgage of $330,000 through the Scotiabank for a vacation property. The mortgage is repaid by end of month payments with an

urgenttt
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Alana has a mortgage of $330,000 through the Scotiabank for a vacation property. The mortgage is repaid by end of month payments with an interest rate of 5.4% compounded monthly for a term of 5 years, amortized over 20 years. At the end of the 5-year term, Alana will renew the mortgage for another 5-year term at a new, lower interest rate of 3.7% compounded monthly. Round ALL answers to two decimal places if necessary. 1) What are the end of month navmonte hafamitha......... .... 2) What is the balance when the mortaana is rananiod

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