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need help with #3 please include all excel formulas Question 3: What price should Hue Algae obtain if the pool is carved into M1PTS and

need help with #3
please include all excel formulas
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image text in transcribed
Question 3: What price should Hue Algae obtain if the pool is carved into M1PTS and the investors require a 945 annual refure after a montby service fee of 0.146 is deducted (with no prepaymeat)? The Blue Algae Mortgage Company has originated a pool containing 75 ten-year fixed rate mortgages with an average balance of $100,000 each with 1% origination fee. The annual interest rate on all loans in the pool is 12% and all loans require monthly payments

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