Mr. Kim made a Price Level Adjusted Mortgage (PLAM) of $180,000 loan for 15 years. Nominal interest rate is equal to 114 and payments are made monthly. The lender and borrower agreed that loan balance will be indexed to the CPA (Consumer Price Index) and adjusted annually. If the CPi is equal to 12% at the end of the first year, what is the value of the each monthly payments during the second year? Answer is rounded) Yanitiniz: 2398 2291 2376 2601 0 2624 Yaniti temizle Mr. Kim made a Price Level Adjusted Mortgage (PLAM) of $180,000 loan for 15 years. Nominal interest rate is equal to 114 and payments are made monthly. The lender and borrower agreed that loan balance will be indexed to the CPA (Consumer Price Index) and adjusted annually. If the CPi is equal to 12% at the end of the first year, what is the value of the each monthly payments during the second year? Answer is rounded) Yanitiniz: 2398 2291 2376 2601 0 2624 Yaniti temizle