Question: 13. Complete the amortization schedule below for a fixed rate, fully amortizing mortgage loan for $300,000 at 5% annual interest for 15 years. Loan Amount

13. Complete the amortization schedule below for a fixed rate, fully amortizing mortgage loan for $300,000 at 5% annual interest for 15 years.
Loan Amount $300,000.00
Annual Interest Rate 5%
Periods Per Year 12
Number of Years 15
Monthly Payment ans?
Amortization Schedule
Month Payment Interest Principal Loan Balance
0 0 0 0
1 ans? ans?
2
3
4
5
6
7
8
9
10
11
12
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15
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17

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