Question: 16.2.3 Make an amortization table to show the first two payments for the mortgage. Amount of mortgage $85,000 Annual interest rate Years in mortgage Monthly
16.2.3 Make an amortization table to show the first two payments for the mortgage. Amount of mortgage $85,000 Annual interest rate Years in mortgage Monthly payment 6,00% 25 $547.40 Month Monthly Principal End of month principal $547.40 s 2 s54740 Round to the nearest cent as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
