What will be their monthly payment if at the end of the, Financial Management

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What will be their monthly payment if at the end of the

Amy and kevin are purchasing their first home and have arranged for a mortgage of $2000000 at a fixed annual interest rate of 6.75% compounded monthly for a period of 30 years.

a) What will be their monthly payment?

b) At the end of year 10, what amount will be necessary to pay off the loan?

c) If at the end of the first year they pay an additional sum of $50000 on the principal, what is the remaining principal?

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