Question: Please double check the work, thank you! Question 4 Question 4 A 30-year mortgage requires payments of $4,351.37 at the end of each three months.

Question 4 A 30-year mortgage requires payments of $4,351.37 at the end

Please double check the work, thank you!

Question 4

Question 4 A 30-year mortgage requires payments of $4,351.37 at the end of each three months. If interest is 1.12% compounded annually, a) what was the mortgage principal? b) what would be the amount of interest charged?

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