Question: Please do so without excel. 3. Your mortgage is $350,000 with an APR of 3% for 30 years. Your monthly payment is determined to be

Please do so without excel. 3. Your mortgage is $350,000 with an Please do so without excel.

3. Your mortgage is $350,000 with an APR of 3% for 30 years. Your monthly payment is determined to be $1,475.61. Compute and complete the first three months information for the table below: Month Interest Paid Balance (Principal) Principal Paid New Balance $350,000.00 0 1 2 3

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