Question: can you help me solve this question step by step? 4. Mindy took out a 30-year house loan for $245,000 at 5.4% Interest, compounded monthly.

can you help me solve this question step by step?

4. Mindy took out a 30-year house loan for $245,000 at 5.4% Interest, compounded monthly. and her monthly payment on the loan will remain the same for the life of the loan, Mindy Is wondering how much she will have paid in interest once the house loan is paid off. Help her find the answer. (5 points: Part I - 1 point; Part II - 1 point; Part III - 1 point; Part IV - 1 point; Part V - 1 point) Part I: What is the periodic interest rate of Mindy's house loan? 1323000 Part II: How many monthly payments will Mindy have made once the house loan is paid off? Part III: What is the amount of Mindy's monthly payment? 2.5 Part IV: What is the total amount that Mindy will have paid once the house loan is paid

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