A morgage banking company has been evaluating the merits of a 50 years morgage in (in addition to thier popular 30 years morgage). the basic idea is to reduce the monthly payment and make home owenership more affordable. the APR of either morgage is 6% and the compounding is monthly.1= for a mortgage loan of $300,000, what is the difference in monthly payment for the 30 year mortgage and 50 years mortgage?2= what is the difference in total interest paid between the two mortgages?