Question: I NEED HELP WITH PART b) I NEED HELP WITH PART b) Use PMT = to determine the regular payment amount, rounded to the nearest
I NEED HELP WITH PART b)

I NEED HELP WITH PART b)
Use PMT = to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a $140,000 20-year fixed-rate mortgage at 3%. [1-(1-21) 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 $ 776.44. (Do not round until the final answer. Then round to the nearest cent as needed.) The total interest for the loan is $ 46345.6 (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 $ 2 $ 3 $ (Use the answer from part a to find these answers. Round to the nearest cent as needed.) Principal $ $ $ Loan Balance $ $
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