Question: 7. Prepare an amortization schedule for the 71st, 72nd and 73rd payments on a 15-year, 3.24% APR, $1 million mortgage loan. Payments are monthly. Show
7. Prepare an amortization schedule for the 71st, 72nd and 73rd payments on a 15-year, 3.24% APR, $1 million mortgage loan. Payments are monthly. Show all your work. (Similar concept to problem 3). Month Beginning Balance Monthly Payment Interest Principal Ending Balance 71 72 73
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