Question: Use PMT: to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a $100,000 30-year fixed-rate

Use PMT: to determine the regular payment amount, rounded to the

Use PMT: to determine the regular payment amount, rounded to the nearest cent. The cost of a home is financed with a $100,000 30-year fixed-rate - -nt mortgage at 4%. 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. a. The monthly payment is $ (Do not round until the final answer. Then round to the nearest cent as needed.) It

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