Question: A fully amortizing CPM loan for $1,000,000 was originated with a 12.0 percent interest rate and a ten-year term. How much interest will the borrower

A fully amortizing CPM loan for $1,000,000 was originated with a

A fully amortizing CPM loan for $1,000,000 was originated with a 12.0 percent interest rate and a ten-year term. How much interest will the borrower pay in the fourth year of the mortgage (i.e., months 37 to 48)? O $102,162.07 $93,283.93 $110,040.97 O $83.279.82

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