Question: Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 4.38%. What will be Anns mortgage balance after 20

Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 4.38%. What will be Anns mortgage balance after 20 years of payments (ie after 240 months)? Ann obtains a fully amortizing 30 year Fixed Rate Mortgage with monthly payments for $4,500,000 at 4.38%. What percent of Anns 20th payment goes to interest? Can you please answer these using financial calculator and showing how use financial calculator. NO EXCEL.

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