Question: please step by step solve my question!Thann you John has just purchased an apartment at a price of $5,000,000. He made a down-payment of $2,000,000

please step by step solve my question!Thann you

John has just purchased an apartment at a price of $5,000,000. He made a down-payment of $2,000,000 and financed the remaining with a 30 -year mortgage at APR 12%, compounded monthly. (a) Determine the size of the fixed month-end payments. (5 marks) (b) Calculate the amount John still owes the bank right after the 120th payment was made. (5 marks) (c) Calculate the interest payment and the amount of principal paid in the 121st loan repayment. ( 5 marks)

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