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A Moving to another question will save this response. Question 8 of 31 10 points Save Answer You are negotiating for a $5,200,000 loan on
A Moving to another question will save this response. Question 8 of 31 10 points Save Answer You are negotiating for a $5,200,000 loan on a building to be purchased for $7,000,000. The lender agrees to a 7%, 30 year self-amortizing loan with monthly payments. Assuming no fees or reserves, what would the monthly payment be? Ch3 $ 34,596 a. $ 39,049 b. $ 46,571 C. $ 51,018 d
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