Question: Complete the following amortization chart by using Table 15.1. (Round your answers to the nearest cent.) Selling price of Down payment Principal (loan) Rate of
Complete the following amortization chart by using Table 15.1. (Round your answers to the nearest cent.) Selling price of Down payment Principal (loan) Rate of interest Years Payment per $1,000 Monthly mortgage payment home 99,000 $ 5,000 5.5 % 301 TABLE 15-1 Amortization table (mortgage principal and interest per $1,000) INTEREST Term In years 11% 3% 9.89 8.52 7.15 6.52 5% 10.61 0.25 7.91 7.20 6.60 620 5.85 537 505 53% 10.86 051 8.16 p.56 688 651 6% 11.11 0 76 8.44 784 12 15 17 65% 1136 1002 8.72 8.12 7.46 7.13 676 6.33 605 7% 11.62 10.20 8.99 8.40 7.76 7.4 74% 1.88 0.56 9.28 8.69 8% 12.14 1083 956 8.99 8.37 807 89% 12.40 11.11 9.85 9.29 9% 91% 10% 10% 1267 12941322 13.50 11.39 11.67 11.06 12.25 10.1510.45 0.75 11.06 9.59 990 10.2210.54 9.00 933 9.66 9.99 8.72 905 9.39 9.73 8.40 8.74 909 9.45 805 8.78 784 8.22 8.60 8.99 1378 12.50 11.37 10.86 10.33 10.08 9.81 7.17 22 544 682 7.75 6.15 6.45 23 7.72 8.39 8.06 7.69 747 4.50 3.99 568 538 600 571 6.66 6.39 7.00 6.75 35 7.11 9:37
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