F11 B E 25 3. What is the monthly payment on a loan for which the accrual rate equals the pay rate if the 26 loan amount is $800,000, the term is 30 years, and the interest rate is 6.4%? (Use the 27 syntax described on Page 11 of the Module 4 reading assignment.) 28 29 Loan Amount Answer 30 Years 31 Periods Per Year 32 Interest Rate 33 34 35 4. What is the amount of the required balloon payment at maturity for the loan in the 36 previous question? 37 Answer $0 38 39 40 5. What is the payment in month 336 on a 30-year loan for $925,000 at 4.85% that requires 41 interest only payments for the first eight years and fully amortizing payments for the 42 remaining years of the loan? 43 44 Loan Amount Answer 45 Periods Per Year 46 Interest Rate 47 Payment in First Five Years 48 Total Amortization Years 49 50 51 6. What is the payment in mouth 234 on a 30-year loan for $925,000 at 4.85% that requires 32 no payments during the first five years and fully amortizing payments for the remaining years 53 of the loan? 34 55 Loan Amount Answer 56 Years 57 Periods Per Year 58 Interest Rate 59 Balance at EOM 60 60 Total Amortization Years FRM