Question: Make an amortization table to show the first two payments for the mortgage. Amount of mortgage Annual interest rate Years in mortgage Monthly payment $403,442

Make an amortization table to show the first two payments for the mortgage.

Amount of mortgage

Annual interest rate

Years in mortgage

Monthly payment

$403,442

5.50%

35

$2166.55

Month

Monthly payment

Interest

Principal

End-of-month principal

1

$2166.55

$enter your response here

$enter your response here

$enter your response here

2

$2166.55

$enter your response here

$enter your response here

$enter your response here

THANK YOU

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