You need to borrow $400,000 tp buy your condo. A Canadian bank has offered her a mortgage with monthly payments, to be paid over 20 years. For the initial 3 year term, the bank has offered a quoted annual rate of 6.4% compounded semi-annually. REQUIRED: a) Calculate the amount of the monthly mortgage payments for the doctor to the nearest cent. Show your calculations. Answer b) How much principal will she owe at the end of the 3 year term? Calculate to the nearest dollar. Show your calculations. Answer c) How much interest will she pay in year 3? Calculate to the nearest dollar. Show your calculations. Answer