You wish to purchase a home for $170,000. You plan to put down 10% of the purchase price, and the bank has offered you a 30 year loan at APR of 7.75%. If you will be making monthly payments, answer the following questions. (Show all work. Circle your answers.) 1. What will be your monthly payment? 2. What is the amount of principle and interest paid on the 25th payment? 3. How much interest will you pay over the life of the loan? 4. How much is owed at the end of year 20 (i.e., at the end of 240 payments)? 5. How much interest will be paid in year 20 (i.e., over payments 229 to 240)?