You are purchasing a house and your bank is giving you a special mortgage that will require annual payments for 25 years. The amount borrowed now is $ 350,000 and the first mortgage payment will be in one year. a. Using C as the payment amount, indicate on a timeline all of the cash flows from your perspective related to this mortgage (outflows should be indicated as a negative number). b. What will your payments be if the interest rate is 3.2 % per year? c. What will your payments be if the interest rate is 6.2 % per year? d. Comparing your answers in parts b and c, when interest rates increased by 3 %, by what percent did the mortgage payments increase?