Find part b.

here is an example they gave on the math lab to find the interest if that helps you answer the question i posted

Homework: Section 8.7-8.8 Mortgages and Credit Cards Homewor 4 of 11 (4 complete) Score: 0.18 of 2 pts 8.7.9 P n Use PMT= to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a $100.000 30-year fixec 1- a. Find the monthly payments and the total interest for the loan b. Prepare a loan amortization schedule for the first three months of the mortgage a. The monthly payment is $ 449.04 (Do not round until the final answer. Then round to the nearest cent as needed.) The total interest for the loan is $ 61,654.40 (Use the answer from part a to find this answer. Round to the nearest cent as needed.) b. Fill out the loan amortization schedule for the first three months of the mortgage below. Payment Number Interest 1 Principal Loan Balance si 2 S 3 + 10 Vi S . Enter your answer in the edit fields and then click Check Answer Clear All All parts showing Type here to search o work. OM O. -O. of 2 pts 4 of 11 (4 complete) HW Score: 20.9 x View an Example n 1+ n % Question Help to determine the regular payment amount, rounded to the nearest cent. The Use PMT= nt thly pays n amorti payment til the fi cost of a horpe is financed with a $220,000 50-year fixed-rate mortgage at 5.5% a. Find the monthly payments and the total interest for the loan b. Prepare a loan amortization schedule for the first three months of the mortgage b. Find the interest for the first month. Use the simple interest formula, I = Prt, to find the monthly interest owed. for the from p P r n amort t 1 12 $1008.33 $220,000 0.055 x ber ? Press Continue to see more Continue Close erint 10 parts remaining ng