Question: All parts please Attempts Average/2 3. Do the Math 9-5 eBook ED Do the Math 9-5 Illustrating Amortization Heather Mcintosh of Watertown, South Dakota, recently

All parts please All parts please Attempts Average/2 3. Do the Math 9-5 eBook ED

Attempts Average/2 3. Do the Math 9-5 eBook ED Do the Math 9-5 Illustrating Amortization Heather Mcintosh of Watertown, South Dakota, recently purchased a home for $195,000. She put $22,500 down and took out a 25-year loan at 6.0 percent interest. Round your answers to the nearest cent. a. Use Table 9-4 to determine her monthly payment. Round Estimating Mortgage Loan Payments for Principal and Interest in your intermediate calculations to four decimal places. $ b. How much of her first payment will go toward interest and principal? Interest will be $ Principal will be $ How much will she owe after that first month? (Hint: Use the logic of Table 9-2.) $ c. How much will she owe after three months? Do not round intermediate calculations. (Hint: Use the logic of Table 9-2.) $

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