Question: please please ans the question properly real state finance ans should be for q 5 is $13,524.39 and for 6 is $822,535.86 do those math

please please ans the question properly

real state finance

ans should be for q 5 is $13,524.39 and for 6 is $822,535.86

do those math step by step

5. Ann obtains a fully amortizing 15-year Fixed Rate Mortgage with monthly payments for $1,500,000 at 7.05%. How much does Ann need to pay per month?

6. Ann is willing to spend $5,500 per month on her mortgage payment. If Ann obtains a fully amortizing 30-year Fixed Rate Mortgage with monthly payments at 7.05%, how big of a mortgage can she get?

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