A couple borrows $180,000 at 5.4%, compounded monthly, ofr 30 years. After making 80 payments of $1011, they refinance at 4.8% compounded monthly for 25 years. with refinancing costs of %550 added to...

A couple borrows $180,000 at 5.4%, compounded monthly, ofr 30 years. After making 80 payments of $1011, they refinance at 4.8% compounded monthly for 25 years. with refinancing costs of %550 added to the new loan.

A. find the amount refinanced

B. find the new monthly payment