You decide that you would like to purchase some property, and will buy a nice "starter" home in Langley. The purchase price is $300,000 (all taxes and related costs included). You intend to put 25% down as a down payment, and will take out a mortgage for the balance. a) You obtain financing at 4.5% per annum compounded semi-annually, fixed for a 3 year term. You decide to amortize the mortgage for 25 years. What will the monthly payments be? c) What amount will you owe on the principal at the end of the 3 year term