Question: Complete the following table: (Use Table 15.1.) Note: Round your intermediate calculations and final answer to the nearest cent. First Payment Broken Down Into Balance

Complete the following table: (Use Table 15.1.) Note: Round your intermediate calculations and final answer to the nearest cent. First Payment Broken Down Into Balance at end of Selling price Down payment Amount mortgage Rate Years Monthly payment month Interest Principal S 119,000 $ 6,000 7.00 % 30TABLE 15.1 Amortization table (mortgage principal and interest per $1,000) Interest 25 Year 30 Year 40 Year Rate Only 10 Year 15 Year 20 Year 3.02826 2.000 0.16667 9.20135 6.43509 5.05883 4.23854 3.69619 3.75902 3.09444 2.125 0.17708 9.25743 6.49281 5.11825 4.29966 2.250 0.18750 9.31374 5.55085 5.17808 4.36131 3.82246 3.16142 2.375 0.19792 9.37026 6.60921 5.23834 4.42348 3.88653 3.22921 2.500 0.20833 9.42699 6.66789 5.29903 4.48617 3.95121 3.29778 2.625 0.21875 9.48394 6.72689 5.36014 4.54938 4.01651 3.36714 2.750 0.22917 9.54110 6.78622 5.42166 4.61311 4.08241 3.43728 2.875 0.23958 9.59848 6.84586 5.48361 4.67735 1.14892 3.50818 3.000 0.25000 9.65607 6.90582 5.54598 4.74211 4.21604 3.57984 3.125 0.26042 9.71388 6.96609 5.60876 4.80738 4.28375 3.65226 3.250 0.27083 9.77190 7.02669 5.67196 4.87316 1.35206 3.72541 3.375 0.28125 9.83014 7.08760 5.73557 4.93945 4.42096 3.79930 3.500 0.29167 9.88859 7. 14883 5.79960 5.00624 4.49045 3.87391 3.625 0.30208 9.94725 7.21037 5.86404 5.07352 4.56051 3.94923 3.750 0.31250 10.00612 7.27222 5.92888 5.14131 4.63116 4.02526 3.875 0.32292 10.06521 7.33440 5.99414 5.20959 4.70237 4.10198 4.000 0.33333 10.12451 7.39688 6.05980 5.27837 4.77415 4.17938 4.125 0.34375 10.18403 7.45968 6.12587 5.34763 4.84650 4.25746 4.250 0.35417 10.24375 7.52278 6.19234 5.41738 4.91940 4.33620 4.375 0.36458 10.30369 7.58620 6.25922 5.48761 4.99285 4.41559 4.500 0.37500 10.36384 7.64993 5.32649 5.55832 5.06685 4.49563 4.625 0.38542 10.42420 7.71397 6.39417 5.62951 5.14140 4.57629 4.750 0.39583 10.48477 7.77832 6.46224 5.70117 5.21647 4.65758 4.875 0.40625 10.54556 7.84297 6.53070 5.77330 5.29208 5.000 0.41667 4.73947 10.60655 7.90794 6.59956 5.84590 5.125 5.36822 0.42708 4.82197 10.66776 7.97320 6.66881 5.91896 5.250 5.44487 0.43750 4.90505 10.72917 8.03878 6.73844 5.99248 5.375 5.52204 0.44792 4.98870 10.79079 8.10465 6.80847 5.500 6.06645 0.45833 5.59971 10.85263 5.07293 8. 17083 6.87887 5.625 6.14087 0.46875 5.67789 10.91467 5.15770 8.23732 6.94966 5.750 0.47917 6.21575 5.75656 10.97692 5.24302 8.30410 7.02084 5.875 0.48958 6.29106 5.83573 11.03938 8.37118 5.32888 7.09238 6.000 0.50000 6.36682 11.10205 5.91538 8.43857 5.41525 125 7.16431 6.44301 5.99551 5.50214\f

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