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assume you have taken out a balloon mortgage loan for $3,500,000 to finance the purchase of a commercial property. The loan for the term of

assume you have taken out a balloon mortgage loan for $3,500,000 to finance the purchase of a commercial property. The loan for the term of 5. years but amortizes over 30 years. Calculate the balloon payment at maturity (5 years) if the intrest rate on this loan is 4.5% image text in transcribed
Assume you have taken out a balloon mortgage loan for $3,500,000 to finance the purchase of a commercia yropery, the kan has a wim d 5 wers but amortizes over 30 years. Calculate the balloon payment at maturty (fear 5) t the intareat rale on that ioan in 4 the $17,733.99$2,495,479.19$2,803,130.22$3,190,527.10

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