You are offered an Option Pay Mortgage with the following terms: - Amount: $650,000 - Interest Rate: 5.60% - Minimum monthly payment: $1,500 - Term: 15 years with monthly payments A. If you opt to make the minimum monthly payment in Year 1, what is the remaining mortgage balance at the end of the year? B. In Year 2, you switch from making the minimum monthly payment to making an interest-only payment. What is your monthly payment and the remaining mortgage balance at the end of Year 2 ? C. In Year 3, you switch from making an interest-only payment to making a fully amortizing payment. What is your monthly payment and what is the remaining mortgage balance at the end of year 3 ?