Question: Question 24 Using the values provided in the amortization table, find the dollar amount of prepayment in the third year of the loan Express your
Question 24 Using the values provided in the amortization table, find the dollar amount of prepayment in the third year of the loan Express your answer as a number rounded to two decimal points legis yourse is $4,500.57, wie 450057) Year Scheduled Total Principal and Beginning Pool Principal Due to Principal and Scheduled Principal Interest PMTS to Balance Prepayment Interest PMTS Interest Paid Paid Issuer 1 $8,500,000.00 $1,275,000.00 $1,100,788.89 $425,000.00 $675,788.89 $2,375,788.89 21 $6,549,211.11 $982,381.67 $921,409.04 $327,460.56 $593,948.48 $1,903,790.70 31 $4,972,880.97? $769,413.16 $248,644.05 $520,769.11 $1,515,345.31 4 $3,706,179.71 $555,926.96 $640,501.30 $185,308.99 $455,192.32 $1,196,428.26 5 $2,695,060.43 $404,259.06 $530,973.98 $134,753.02 $396,220.96 $935,233.05 6 $1,894,580.41 $284,187.06 $437,600.33 $94,729.02 $342,871.31 $721,787.39 7 $1,267,522.04 $190,128.31 $357,456.21 $63,376.10 $294,080.11 $547,584.52 8 $783,313.62 $117,497.04 $287,639.47 $39,165.68 $248,473.79 $405,136.51 9 $417,342.79 $62,601.42 $224,448.99 $20,867.14 $203,581.85 $287,050.41 10 $151, 159.52 $0.00 $158,717.50 $7,557.98 $151,159.52 $158,717.50
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