Question: Use PMT = -nt to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a $180,000

Use PMT = -nt to determine the regular payment amount, rounded

Use PMT = -nt to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a $180,000 30-year fixed-rate mortgage at 4%. 1-(1-1) a. Find the monthly payments and the total interest for the loan. b. Prepare a loan amortization schedule for the first three months of the mortgage

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=+ Is the information source free from bias on the subject?

=+ Is the information source knowledgeable about the subject?

=+2. How will it be used?