A bank borrows money at the 5 year CD rate found in the WSJ with daily compounding. It loans money at the 15 year mortgage rate in the paper which is compounded monthly. Calculate the net interest margin (the difference in the effective rate on the 15 year mortgage and the effective rate on the 5 year CD) for the bank using the effective rate in both cases. If the total amount of loans (or deposits) is $10,000,000 how much will the bank earn in interest over the next year?