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5. (10 points) Elyse took out a 30 year mortgage for $500,000 at 3.8% annual in- terest. Assuming that she makes her minimum monthly payments

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5. (10 points) Elyse took out a 30 year mortgage for $500,000 at 3.8% annual in- terest. Assuming that she makes her minimum monthly payments of $2,096.81, how much does Elyse still owe on the loan after 15 years? 5. (10 points) Elyse took out a 30 year mortgage for $500,000 at 3.8% annual in- terest. Assuming that she makes her minimum monthly payments of $2,096.81, how much does Elyse still owe on the loan after 15 years

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