You take a 15 -year mortgage that requires annual payments. The mortgage payment is $25,000. You will make your first payment to the bank in one year. The interest rate is 7% per year. a. How much do you receive from the bank today? b. What is the loan balance after 5 years (ie immediately after you make the 5th payment)? c. How much of your first payment is interest, and how much is repayment of principal? d. How much of your last payment is interest, and how much is repayment of principal