You just borrowed $$410,000$ for a mortgage on your new home. The mortgage has a $30-$year term with monthly payments and an APR of $7\mathrm{.}12\%.$

a$.$ How much will you pay in interest, and how much will you pay in principal, during the first year?

a$.$ How much will you pay in interest, and how much will you pay in principal, during the first year?

Principal: $

$($Round to the nearest dollar.$)$

Interest: $

$($Round to the nearest dollar.$)$