Question: Question 2 you plan to purchase a $350,000 house using a 30-year mortgage obtained from your local credit union. The mortgage rate offered to you

Question 2 you plan to purchase a $350,000 house using a 30-year mortgage obtained from your local credit union. The mortgage rate offered to you is 7.50 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this matsage. b. Construct the amortization schedule for the first six payments

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