Bill bought an oceanfront condominium for $79,900, with $6,900 down. Assuming an interest rate of 14 1/2% for 30 years, (A) what is the monthly payment and (B) if 1 point is charged at closing, what...

Bill bought an oceanfront condominium for $79,900, with $6,900 down. Assuming an interest rate of 14 1/2% for 30 years, (A) what is the monthly payment and (B) if 1 point is charged at closing, what will that be in dollars?(Round your "Monthly payments" answer to the nearest cent.)