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please solve it :23: FINANCIAL MANAGEMENT SUMMER-13: Jul. 11,2022 - Sep. 25, 2022 House: Room: E-404: On Campus Ails Inses FVCE 623 (CAMPUS-SUMMER-13) I Weicome

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:23: FINANCIAL MANAGEMENT SUMMER-13: Jul. 11,2022 - Sep. 25, 2022 House: Room: E-404: On Campus Ails Inses FVCE 623 (CAMPUS-SUMMER-13) I Weicome I Individual Assignment 1 You purchased a house listed at $1,200,000. To complete the purchase, you paid 20\% down payment and borrowed the rest from CiBC. CiBC offered you 676 fced mortgage rate with a monthly payment. How much is your monthly payment and what is your borrowing cost (interest cost) for the first year

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