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You have just purchased a home and taken out a $ 5 4 0 , 0 0 0 mortgage. The mortgage has a 3 0

You have just purchased a home and taken out a $540,000 mortgage. The mortgage has a 30-year term with monthly payments and an APR of 4%.
a. How much will you pay in interest, and how much will you pay in principal, during the 1st year?
b. How much will you pay in interest, and how much will you pay in principal, during the 20h year (i.e., between 19 and 20 years from now)?
a. How much will you pay in interest, and how much will you pay in principal, during the 1st year?
The principal payment during the 1st year will be $
(Round to the nearest cent.)
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