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2. Your 20-year mortgage loan amount is $300,000, and the nominal interest rate is 3% p.a. How much interest will you pay for the 5th year? a. $7,432.38 b. $7,598.73 I c. $7,964.73 d. $8,847.96 e. $9,000.00 3. An asset will produce the following cash flows over years. At the end of the first three years, $2,500 each year. At the end of each of the following three years, $3,000. And, at the end of each of the following five years, $4,000. If your required rate of return is 5 percent, how much is this asset worth to you? a $26,788.34 b. $27,673.77 c. $27,955.35 d. $28,023.77 e. $28,314,09