Question: Using the values provided in the amortization table, find the dollar amount of the scheduled principal portion of the payment in the fouth year of

 Using the values provided in the amortization table, find the dollar

Using the values provided in the amortization table, find the dollar amount of the scheduled principal portion of the payment in the fouth year of the loan. Express your answer as a number rounded to two decimal points (e.g. is your answer is $4,500.57, write 4500.57). Year - m 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 $1,154,877.64 $425,000.00 $729,877.64 $2,429,877.64 2 $6,495,122.36 $974,268.35 $954,927.41 $324,756.12 $630,171.29 $1,929,195.76 3 $4,890,682.71 $733,602.41 $787,575.70 $244,534.14 $543,041.57 $1,521,178.11 $3,614,038.74 $542,105.81 $647,400.90 $180,701.94? $1,189,506.71 $2,605,233.97 $390,785.10 $529,807.23 $130,261.70 $399,545.53 $920,592.32 6 $1,814,903.35 $272,235.50 $430,851.52 $90,745.17 $340,106.35 $703,087.02 7 $1,202,561.49 $180,384.22 $347,049.02 $60,128.07 $286,920.94 $527,433.24 8 $735,256.33 $110,288.45 $275,066.61 $36,762.82 $238,303.79 $385,355.06 $386,664.09 $57,999.61 $210,900.86 $19,333.20 $191,567.65 $268,900.47 10 $137,096.82 $0.00 $145,322.63 $6,854.84) $138,467.79 $145,322.63 4 5 1

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