Question: please fix what i havd done incorrectly G Jack plans to purchase a condo for $280,000. He will pay a 20% down payment on the

please fix what i havd done incorrectly
please fix what i havd done incorrectly G Jack plans to purchase

G Jack plans to purchase a condo for $280,000. He will pay a 20% down payment on the home, with the remaining payments being made monthly over a 20-year term. Interest on the mortgage is 4.50% compounded quarterly Construct a partial amortization schedule, showing the first three payments and the last three payments PMT ($) Interest Portion ($) Principal Portion ($) Principal Balance (s) 224000 PMT # 0 1 1415.11 836.87 578.24 223421.76 2 1415.11 834.71 580.40 222841.36 > 3 1415.11 832.54 582.57 222258.79 237 4213.81 X 238 1415.11 15.74 1399.37 2814.43 1415.11 239 10.51 1404.60 1409.84 X 31 S ti D 1415.11 240 X > 5.27 X 1409.84 o Do not include dollar signs or commas in your values. 21

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