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Will has a 2 5 - year mortgage on a $ 1 2 0 , 0 0 0 loan for his house in Florida. The

Will has a 25-year mortgage on a $120,000 loan for his house in Florida. The interest rate on the loan is 7.2% per year (nominal interest), payable monthly at 0.6% per month.
a. What is Wills monthly payment?
b. If Will doubles his payment from Part (a), when will the loan be completely repaid?
a. The monthly payment is $
(Round to the nearest dollar)
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