1 Q008 Negative Amortization rst, graph the ive function. a. Negative amortization because the borrower's payments don't cover the total amount of interest solved by iden that has accrued. purchase a house that costs S10500. The bank requires a 10% downpayment and will provide a 25 year mortgage at a annual interest rate of 8% The bank tells Keith that his monthly mortgage payments will be S1.1 after the 10% nt hly payment amount in the form of a negative amortization payment. "pick your payment", Keith can pay as much or as little as Keith wants for the first year of the mortgage. Keith decides to pay only 3812.50, a month. Calculate the mortgage loan amount, the monthly payment will be is $812.50. Create an negative amortization schedule for the first 4 months of Keith's mortgage. Use four 4 decimal places THEN round dollar values to the nearest penny Mortgage payments are made at the beginning of each month (monthly). Px down payment, Keith decides that that is too much, so the bank offers Keith a lesser 8% 41s ortization schedule for the first 4 months of Keith's mortgage. 10 points 0n