Your brother-in-law asks you to lend him $200000.00 as a second mortgage on his vacation home. He promises to make level monthly payments for 25 years, 300 payments in all. You decide that a fair interest rate is 4.00% compounded annually. What should the monthly payment be on the $200000.00 loan? $666.67 $693.33 $1047.59 $1055.67 $1066.87