Question: FRM. (Term=30 years, Note Rate = 4.75%, Loan Amount = 800,000, Points=2) After 1 year, how much will Julie have paid into interest? Suppose that

  1. FRM. (Term=30 years, Note Rate = 4.75%, Loan Amount = 800,000, Points=2) After 1 year, how much will Julie have paid into interest?
  2. Suppose that you just sold a property that has annual property taxes of $2,427.22. If the closing occurred on March 13th, calculate your share (Seller's share) of the total property taxes. For this problem, assume that we are dealing with a 365 day calendar year.
    1. $482.26
  3. FRM. (Term=30 years, Note Rate = 4.25%, Loan Amount = 300,000, Points=2) How much interest is paid in the third year?

please show how to do it in excel or a financial calculator.

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