Problem 5-21 You have just sold your house for $1,000,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $800,000. The mortgage is currently exactly 182 years old, and you have just made a payment. If the interest rate on the mortgage is 5.25% (APR), how much cash will you have from the sale once you pay off the mortgage? Sale price Initial balance Number of vears Periods per year Periods into the loan S 1,000,000 800,000 30 12 10 5.25% 12 Discount rate Monthly payment Periods remaining PV of mortgage Cash from sale 13 15 16 18 19 20 Requirements 21 1 In cell D13, by using cell references, calculate the discount rate (1 pt.) In cell D14, by using cell references, calculate the monthly payment. Note: (1) The output of the expression or function you typed m thhs cell 1s expected as a positive number (2) For the nper parameter, use cells D8 and D9. (1 pt.). 3 In cell D15, by using cell references, calculate the number of periods remaining on the loan 4 In cell D16, by using cell references, calculate the amount that you owe on the mortgage (1 5 In cell D17, by using cell references, calculate the amount that you will have from the sale (1 pt.) pt.) of your home after paying off the mortgage (1 pt.) 25 26