Question: A. Jalen obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 5.38%. How much does Jalen need to pay

A.

Jalen obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 5.38%. How much does Jalen need to pay monthlv?

B.

Ann obtains a fully amortizing 15 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 5.38%. How much does Ann need to pay per month?

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