You borrowed some money on a thirty-year mortgage at 3.5%, compounded monthly. Your payments are $950 per month. How much will you pay in interest in the sixth year of this mortgage? [THINK: P1 = 61, P2 = 72] Group of answer choices $6,933 $6,565 C $7,119 C $7,299 You have borrowed $200,000 at 5% for 30 years, with monthly payments. After five years [60 months], you are refinancing the loan at 4%. With a NEW 25 year amortization period, and monthly payments, what is your new monthly payment? Group of answer choices $877 $825 $1,074 $969 000 000 F4 MacBook Air F5 F6 F7 11 F8 F9 $ % & * 5 6 7 8 9 0