Question: please show work too so I can learn how to do it :) Mr. Smith is purchasing a $90000 house. The down payment is 20%

please show work too so I can learn how to do

please show work too so I can learn how to do it :)

Mr. Smith is purchasing a $90000 house. The down payment is 20% of the price of the house. He is given the choice of two mortgages: a) a 20-year mortgage at an annual rate of 8%, compounded monthly. Find (i) the monthly payment: $ (ii) the total amount of interest paid: $ b) a 15-year mortgage at an annual rate of 8%, compounded monthly. Find (i) The monthly payment: $ (ii) the total amount of interest paid: $

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