Question: please help me answer this question asap. also please make sure the answers is correct. thanks Cynthia purchased a house for $450,000. She made a

please help me answer this question asap. also please make sure the answers is correct. thanks
 please help me answer this question asap. also please make sure
the answers is correct. thanks Cynthia purchased a house for $450,000. She

Cynthia purchased a house for $450,000. She made a down payment of 20.00% of the value of the house and received a mortgage for the rest of the amount at 3.22% compounded semi-annually amortized over 20 years. The interest rate was fixed for a 5 year period. a. Calculate the monthly payment amount. Round to the nearest cent b. Calculate the principal balance at the end of the 5 year term. c. Calculate the monthly payment amount if the mortgage was renewed for another 5 years at 3.72% compounded semi-annually

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