Problem 2 (25pts, hand-written). For the living in the coming 10 years, you consider the following plans. | Plan | Buy with mortgage /Rent Mortgage rate Repayment frequency Price | Down payment Tax & Insurance Upfront Fees Salvage Value after 10 years B 30-year mortgage | 15-year mortgage Rent 3.6% p.a. 3% p.a. monthly rent: $15,000 monthly $ 3,300,000 10% $700/month $3,000 $3,400,000 (a) (15pts) The current saving balance of your account is $400,000 and it earns 0.1% per month. In addition, you have a monthly income of $22,000. Decide the best option based on FW method. (b) (10pts) Describe your analysis and provide your verbal recommendation. (Required for- mat: Still hand-written. Page limit: within half A4 page, readable size (without magnifying lens, referencing minimum font size 12), within 20 rows)