Question: 12. Given the following information on a fixed-rate fully amortizing loan, determine the maximum amount that the lender will be willing to provide to the

12. Given the following information on a fixed-rate fully amortizing loan,

12. Given the following information on a fixed-rate fully amortizing loan, determine the maximum amount that the lender will be willing to provide to the borrower: loan term: 30 years; monthly payment: $1,800; interest rate: 4.5% $213,333 C $406,707 $133,433 $355,250

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