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AN INTEREST ONLY MORTGAGE IS MADE FOR $80000 AT 10% INTEREST FOR 10 YEARS . THE LENDER AND THE BORROWER THAT MONTHLY PAYMENTS WILL BE

AN INTEREST ONLY MORTGAGE IS MADE FOR $80000 AT 10% INTEREST FOR 10 YEARS . THE LENDER AND THE BORROWER THAT MONTHLY PAYMENTS WILL BE CONSTANT AND WILL REQUIRE NON LOAN AMORTIZATION. WHAT WILL BE MONTHLY PAYMENTS BE? WHAT WILL BE LOAN AMORTIZATION BE AFTER FIVE YEARS ? WHAT WILL BE THE YIELD TO THE LENDER IF THE LOAN IS REPAID AFTER FIVE YEARS?

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