$2)$ Consider a $$225,000,6$ percent, $30-$year, constant amortization mortgage $($CAM$)$ with monthly payments.

a$)$ What is the total payment that will be due on this mortgage in the first month? How much of this payment will be attributable to principal? How much to interest?

b$)$ How large will the payment on this mortgage be in the $30$th month? How much of this will be attributable to principal? How much to interest?

c$)$ What will be the principal balance outstanding on this mortgage at the end of the sixth year?

$3)$ Consider a $$225,000,6$ percent, $30-$year, constant payment mortgage $($CPM$)$ with monthly payments.

a$)$ What is the total payment that will be due on this mortgage in the first month? How much of this payment will be attributable to principal? How much to interest?