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i. ii. i. Consider a 30-year, fixed-rate mortgage for SEK 4000 000 at a nominal rate of 3 % compounded monthly. 6p) Construct an amortization

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i. ii. i. Consider a 30-year, fixed-rate mortgage for SEK 4000 000 at a nominal rate of 3 % compounded monthly. 6p) Construct an amortization schedule for the first 6 months. If the borrower wants to pay off the remaining balance on the mortgage after 15 years, what is the remaining balance on the mortgage? If the borrower wants to pay off the remaining balance on the mortgage after 25 years, what is the remaining balance on the mortgage

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