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A $27.0 million 30-year fully amortizing fixed rate mortgage loan from Citibank that was made in 2015 at a 3.75% annual interest rate with equal
A \$27.0 million 30-year fully amortizing fixed rate mortgage loan from Citibank that was made in 2015 at a 3.75% annual interest rate with equal monthly payments and a 1% prepayment penalty was paid off at the end of the seventh year. What was the amount paid by the borrower to pay off the loan? $23,331,678 $27,000,000 $23,100,671 $0
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