Question: An amortization schedule is set up to pay off a $80,000 mortgage loan with 6.12% annual interest that compounds monthly for 10 years. If the

An amortization schedule is set up to pay off a $80,000

An amortization schedule is set up to pay off a $80,000 mortgage loan with 6.12% annual interest that compounds monthly for 10 years. If the monthly periodic payment is $892.99, how much interest will be accumulated on the mortgage in the first three months? First Month Interest = Second Month Interest = Third Month Interest =

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