Assume a foued rate mortigage (FRM) foun is made in the amount of $500,000 at 6% irterest rate for 70 Yean is repaid arter 8 yeacs. Whyt as the balance owed after dy years? 433882 \$476018 none of the anwers are cerrect [471410 Question 12 What is the APR for a fued rate moitigage (FAM! losen made in an amount of 5500.000 at a rate of 6 for 30 year with fees cqual to 2 of the loan if the bortower prepays after 5 years? a.s4k cos0x