5. An investor buys a $100,000 condo by putting 20% down and financing the rest for 15 years at an annual rate of 3.6%. The condo appreciates in value by 0.5% a month over the next seven years. The investor decides to sell it after the 7 years. What was the monthly payment? What was the price of the condo when he sold it? How much equity does he have in the condo when he sells it? How much interest did he pay on the loan over the seven years? What is the monthly return from selling the condo? 20 points