Question: gn Layout References Mailings Review View Help 8) A computer store sells for $1,000,000. The buyer made a 50% down payment on the balance at
gn Layout References Mailings Review View Help 8) A computer store sells for $1,000,000. The buyer made a 50% down payment on the balance at 5.5%. Round to the nearest cent, if necessary. Find the down payment. 9) A house sells for $378,000 and a 7% down payment is made. A mortgage was secured at 4% for 20 years. Compute an amortization schedule for the first 3 months. Round your answers to two decimal places, if necessary. The value of the mortgage is $351,540 and the monthly payment is $2130.33. Find payment number 1, interest, payment on principal, and balance of loan. 10) A grocery store sells for $464,500 and a 10% down payment is made. A 25-year mortgage at 7% is obtained. Compute an amortization schedule for the first 3 months. Round your answers to two decimal places, if necessary. The value of the mortgage is $418,050 and the monthly payment is $2955.61, Find payment number 1, interest, payment on principal, and balance of loan
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