For Problems 15 – 20 select FOUR of these problems.  Write “…

For Problems 15 – 20 select FOUR of these problems.  Write “SKIP” for only one of these 5 problems.   P4A 4.  A fully amortizing CAM (constant amortization mortgage) loan is made for $100,000 at 6% for 30 years.  Payments are made monthly. A. Calculate the monthly payment on the CAM loan for each of the first 3 months. B.  what is the payoff of the loan after 12 payments? C.  If hte loan was a CPM (constant payment mortgage) How much would be owed after payment 12?