1. An appraiser is analyzing a comparable sale. The property was recently sold for $100,000-$20,000 in cash and an $80,000 mortgage, amortized over 30 years with monthly payments al 9% nominal (annual) interest. a. Calculate the cash equivalency of the sale assuming that the inortgage runs full term and the current market interest rate for the mortgage is 12.5% b. Calculate the cash equivalency of the sale assuming that the mortgage is paid off at the end of seven years and the current market interest rate for the mortgage is 12.5%. 1. An appraiser is analyzing a comparable sale. The property was recently sold for $100,000-$20,000 in cash and an $80,000 mortgage, amortized over 30 years with monthly payments al 9% nominal (annual) interest. a. Calculate the cash equivalency of the sale assuming that the inortgage runs full term and the current market interest rate for the mortgage is 12.5% b. Calculate the cash equivalency of the sale assuming that the mortgage is paid off at the end of seven years and the current market interest rate for the mortgage is 12.5%