Question: Problem 11. Complete the following from the first three lines of an amortization schedule for the following loan: You borrow $ 285000 with an annual

Problem 11. Complete the following from the first three lines of

Problem 11. Complete the following from the first three lines of an amortization schedule for the following loan: You borrow $ 285000 with an annual interest rate of 7.25% over 25 years Starting principal = $ 285000 New balance after month 1 payment = New balance after month 2 payment = New balance after month 3 payment = Note: You can earn partial credit on this

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