Question: Complete the following amortization chart by using Table 15.1. (Round your answers to the nearest cent.) Selling price of home Down payment Principal (loan) Rate
Complete the following amortization chart by using Table 15.1. (Round your answers to the nearest cent.)
| Selling price of home | Down payment | Principal (loan) | Rate of interest | Years | Payment per $1,000 | Monthly mortgage payment | ||||
| $ 190,000 | $ 50,000 | $ | 7% | 35 | $ | $ | ||||
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