Question: Construct an amortization schedule for a $289,000, 6.8% nominal rate loan paid monthly for 30 years. The loan will be fully amortized. What is the

Construct an amortization schedule for a $289,000, 6.8% nominal rate loan paid monthly for 30 years. The loan will be fully amortized. What is the monthly payment? b. What is the beginning balance of the loan for Payment 113? c. What is the beginning balance of the loan for Payment 313? d. What is the amount of interest paid as part of Payment 13? e. What is the amount of interest paid as part of Payment 347? f. What is the amount of principal paid as part of Payment 22? g. What is the amount of principal paid as part of Payment 322? h. What is the ending balance of the loan for Payment 89? i. What is the ending balance of the loan for Payment 289

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