Question: Prepare an amortization schedule for the first 3 payments (in $) of a $68,000 mortgage at 5% for 20 years. Use this table. (Round your

Prepare an amortization schedule for the first 3 payments (in $) of a $68,000 mortgage at 5% for 20 years. Use this table. (Round your answers to the nearest cent.)

Payment Number	Monthly Payment	Monthly Interest	Portion Used to Reduce Principal	Loan Balance
0				$ 68000
1	$	$	$	$
2	$	$	$	$
3	$	$	$	$

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