question 12 :)

please show excel functions

11. What is the draw (payment to the borrower) in a RAM for $200,000 at 4% interest and a maturity of 10 years? Answer $2,024.90 Loan Amount Periods Per Year Interest Rate Years to Maturity $200,000 120 0.33% 12. What is the balance on the loan in the previous question 2 years after the original 10-year period ends? (assume the borrower stays in the house for 12 years after origination) (use the FV function) Answer Loan Amount Periods Per Year Interest Rate Years After Original Maturity