Zach is purchasing a $110000 house. The down payment is 10% of the price of the house. He is given the choice of two mortgages: (Express all answers rounded correctly to the nearest cent!) a) a 25-year mortgage at a rate of 6.35%. Find

(i) the monthly payment: $

(ii) the total amount of interest paid: $

b) a 15-year mortgage at a rate of 6.35%.

Find

(i) The monthly payment: $

(ii) the total amount of interest paid: $