A 91-year-old widow wanted to supplement her monthly income from Social Security and was advised by her son to obtain a reverse annuity mortgage on the home she bought over 30 years ago for $2,500,000 with her late husband in Columbus, Ohio. If her home was recently appraised for $6,000,000 and if the lender's RAM program allows for a maximum RAM loan of 90% of the appraised value, what monthly payment would be received by the widow if the RAM loan payments are to be made monthly over 10 years and if the annual interest rate on the RAM loan is 5% ? $34,775$38,639$57,275$3,639