Instructions: Answer the following questions on separate pages and submit them before the deadline. Your answers must be in your own handwriting. Each question has equal value. Show your work as discussed during the lectures. Do not round off any intermediate calculations. Final dollar answers should be rounded to two decimal places. Unless otherwise indicated, final interest rate answers should be rounded to 6 decimal places if expressed as a decimal or 4 decimal places if expressed as a percent. You do not need to show "trailing zeros" (i.e., if no non-zero digits remain, 2.5% will do instead of 2.500000%) but make certain there are none. 1. You have just taken a $100,000 mortgage (a loan) with Bank of America. The mortgage term is 25 years, the interest rate is 2% per month what is your monthly payment