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1a)Ann wants to buy an office building which costs $2,000,000. Sheobtains a 30 year Interest Only fixed rate mortgage with 80% LTV,an annual interest rate

1a)Ann wants to buy an office building which costs $2,000,000. Sheobtains a 30 year Interest Only fixed rate mortgage with 80% LTV,an annual interest rate of 5%, with monthly compounding and monthl 2 answers

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