Question: Complete the amortization table provided in the Excel document posted in IvyLearnin the homework area by setting the appropriate values for a $100,000, 30-year mortgage
Complete the amortization table provided in the Excel document posted in IvyLearnin the homework area by setting the appropriate values for a $100,000, 30-year mortgage at 6% interest and using Excel's autofill (drag) feature to fill in the cells to the end of the mortgage period. Use this to answer the following:
How much of the first payment goes towards the principal? Interest?
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