Execute: There are four parts to this problem. a. Compute the discount rate for the mortgage. b. Compute the mortgage payments. c. Compute the remaining balance on the mortgage. d. Find the cash from the sale once the mortgage has been paid off. Homework: Lab 5 Se Score of 1 pt 9 of 15 complete HW Score: 34.29%, 5.14 of 15 Problem 5-15 Question Help You have told your house for 1,000,000 in cash. Your mortgage was originally a 3 year mortgage with monthly payments and arrint balance of $825.000. The mortgage is currently exachy 18.5 years old, and you have just made a Det erstate on the mortgage 625 APR with manual compounding how much cash will you have from the sale once you pay of the mortgage? (Note: Be careful not to round any intermediate stops less than six decimal places) What is the control for the monigage? The decorate ter the mortgage round to four decimal place) Cryothod thank Check 8 DI bo F # ! 1 A + 2 $ 4 3 % 5 C 6 & 7 8 o 0 delete W E R T Y U 0 P { Question Help $825,000. The mortgage is currently exactly 18.5 years old, and you have just made a off the mortgage? (Note: Be careful not to round any intermediate steps less than six decimal Homework: Lab 5 Score: 0 of 1 8 of 15 16 completel HW Score: 34.29%, 5.14 of 15 Problem 5-14 Question Help was your browser is ding on your current more. The current monthly payment is $1999, and you have made every payment on time. The original form of the mortgage was 30 terseys You made your monthly payment. The mortgage 62015 APR with manual compounding). How much do you owe on the mortgage today? Cek Araw 1 FE 2 * $ 4 5 Q 6 W E 8