11. What is the draw (payment to the borrower) in a RAM for $200,000 at 4% interest and a maturity of 10 years? Answer Loan Amount Periods Per Year Interest Rate Years to Maturity $200,000 12 4% 10 12. What is the balance on the loan in the previous question 2 years after the original 10 year period ends? (assume the borrower stays in the house for 12 years after origination) (use the FV function) Answer - Loan Amount Periods Per Year Interest Rate Years After Original Maturity