Annn found an apartments that costs $800000 to buy. She will make $100000 down payment and will get $700000. It will be fully amortized 30 year fixed rate mortgage at 4.25% with monthly payments and monthly compounding.g) If Anns house price grows 4.5% per year (compunded annually) and Ann continues making her mortgage payments, what will Anns home equity be in 10years ?

0 What is the total sum of all cash flows that Ann will pay the bank over the entire life of the loan, assuming she never prepays? g) (9 points) If Ann 3 house price gro . . b I 10 years? n r ' ' "ty e In . twnll Ann 5 home equn ' 9 payments, wha making her mortgag ' ' AD " "Hr , Or Lang 1' "lufxx at. ) Xl " fl LA uh ' fi?" ( 3 X X/L 3 fl" l-J LX'. J H