Taylor and Dakota took out a 30 year mortgage for $135,000 at the APR of 10.1%, compounded monthly. After they had made 13 years of the payments (156 payments) they decide to refinance the remaining...

Taylor and Dakota took out a 30 year mortgage for $135,000 at the APR of 10.1%, compounded monthly. After they had made 13 years of the payments (156 payments) they decide to refinance the remaining loan balance for 20 years at the APR of 5.9%, compounded monthly. What will be the balance on their loan 8 years after the refinance