Problem #2 (15 points) Bobbie Jo bought a house five year ago in Galveston County and paid $400,000. When she borrowed the money from the Galveston Municipal Bank, she was told that the her 30 mortgage payment is 6% per month compounded monthly. On the day she made her 60th payment, she was told that she can refinance her house at 2% per month compounded quarterly if she agrees to make the payment every quarter within 15 years. What would be Bobbie Jo's new payment? How much all together Bobbie has paid for interest for both loans combined