You bought a house worth S311,000. You paid 25% of the purchase price in cash and arranged a twenty-five-year mortgage with a rate of 5.5% compounded semi-annually for the remaining balance. The mortgage has an amortization period of 25 years. After having made payments for 5 years (starting at the end of the first month). what will the outstanding balance of the mortgage be? !!! The outstanding balance of the mortgage after 5 years will be (Round the final answer to two decimal places as needed. Keep all decimal places as you work through the problem.)