You have just sold your house for $900,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $700,000. The mortgage is currently exactly 181/2 years old, and you have just made a payment. If the interest rate on the mortgage is 6.25% (APR), how much cash will you have from the sale once you pay off the mortgage? (Note: Bo careful not to round any intermediate steps less than six decimal places.) Cash that remains after payotf of mortgage is s (Round to the nearest dollar.) If the rate of inflation is 4.6%, what nominal interest rate is necessary for you to eam a 2.2% real interest rate on your investment? (Noto: Be careful not to round any intermediate steps loss than six decimat places.) The nominal interest rate is \%. (Round to two decimal places.)