HW20: Problem 6 1 Previous Problem Problem List Next Problem (1 point) Fifteen years ago a couple purchased a house for $220,000.00 by paying a 20% down payment and financing the remaining balance with a 30-year mortgage at 5.22% compounded monthly (a) Find the monthly payment for this loan. Monthly Payment: (Note: Your answer should include a dollar sign and be accurate to two decimal places) (b) Find the balance of the loan after 13 years and after 14 years? Let I be how many payments are left on the loan After 13 years After 14 years Loan Balance Loan Balance Note: The balance amounts should include a dollar sign and be necurate to two decimal places c) Find the total amount of interest paid by the couple during the 14th year. Interest Paid During 14th year! (Note: Your answer should include a dollar sign and be accurate to two decimal places) Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem times You have unlimited attempts remaining