Question: if you could please provide the excel functions thanks E 105 106 11. What is the draw (payment to the borrower) in a RAM for
E 105 106 11. What is the draw (payment to the borrower) in a RAM for S200,000 at 4% interest and a 107 maturity of 10 years? 108 109 Loan Amount Answer 110 Periods Per Year 111 Interest Rate 112 Years to Maturity 113 114 115 12. What is the balance on the loan in the previous question 2 years after the original 10-year 116 period ends? (assume the borrower stays in the house for 12 years after origination) (use the 117 FV function) 118 119 Loan Amount Answer 120 Periods Per Year 121 Interest Rate 122 Years After Original Maturity 123 124 125 13. Complete the amortization schedule below for a fixed rate, fully amortizing mortgage 126 loan for $300,000 at 5% annual interest for 15 years. 127 128 Loan Amount 129 Annual Interest Rate 130 Periods Per Year 131 Number of Years 132 Monthly Payment 133 134 Amortization Schedule 135 Month Payment Interest Principal 136 0 0 0 137 1 138 2 139 3 140 4 Loan Bal 0
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