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3. What is the monthly payment on a loan for which the accrual rate equals the pay rate if the loan amount is $800,000, the term is 30 years, and the interest rate is 6.4%? (Use the syntax described on Page 11 of the Module 4 reading assignment.) Answer Loan Amount Years Periods Per Year Interest Rate 4. What is the amount of the required balloon payment at maturity for the loan in the previous question? Answer SO 5. What is the payment in month 336 on a 30-year loan for $925,000 at 4.85% that requires interest only payments for the first eight years and fully amortizing payments for the remaining years of th loan? Answer B Loan Amount Periods Per Year 5 Interest Rate 5 Payment in First Five Years 7 Total Amortization Years 8