O WORDS POWERED BY TINY QUESTION 20 3 points Save Answer Charlotte Cumings purchases a townhouse for her mother that cost $164,000. Charlotte has $25,000 and her mother has $10,000 that they use for a down payment. They finance the balance at 7% compounded monthly for 10 years. Prepare a schedule for the first two payments. (Use table 16.4 to find the factor when calulating the monthly payment - value of 7% and 10 years) Payment Monthly Interest Principal Remaining Number Payment Payment Payment Balance 0 $129,000 2 Filling up the table, by finding each payment and remaining balance: Payment Number 1: Monthly Payment = Interest Payment = Principal Payment = Remaining Balance = Payment Number 2: Monthly Payment = Interest Payment = Principal Payment = Remaining Balance = For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). ... B I U S Paragraph v Arial 10pl