You borrow $550,000 at 3% APR to purchase a home. You plan to pay off the...

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You borrow $550,000 at 3% APR to purchase a home. You plan to pay off the loan in 30 years with monthly payments of $ 2,310.00 Make an amortization table showing payments over the first three months. Round each answer to two decimal places whenever necessary and use the rounded answers to calculate remaining values. Payment Number Payment Interest Principal Balance 1 $2,310.00 $ 2 $2,310.00 $ 3 $2,310.00 $ S S $ $550000 $ S S What is your equity after 3 months? Round your answer to two decimal places. Equity after 3 months = $ You borrow $550,000 at 3% APR to purchase a home. You plan to pay off the loan in 30 years with monthly payments of $ 2,310.00 Make an amortization table showing payments over the first three months. Round each answer to two decimal places whenever necessary and use the rounded answers to calculate remaining values. Payment Number Payment Interest Principal Balance 1 $2,310.00 $ 2 $2,310.00 $ 3 $2,310.00 $ S S $ $550000 $ S S What is your equity after 3 months? Round your answer to two decimal places. Equity after 3 months = $