Question: Using the values provided in the MPT cash flows table, find the total principal and interest payments that the issuer received in the first year.
Using the values provided in the MPT cash flows table, find the total principal and interest payments that the issuer received in the first year. Express your answer as a number rounded to two decimal points (e.g. Is your answer is $4,500.57, write 4500.57). Scheduled Beginning Pool Principal Due to Total Principal and Principal and Scheduled Principal Interest PMTS to Year Balance Prepayment Interest PMTS Interest Paid Paid Issuer 1 $8,500,000.00 $425,000.00 $1,154,877.64 $425,000.00 $729,877.642 2 $7,345,122.36 $367,256.12 $1,079,896.31 $367,256.12 $712,640.19 $1,447,152.42 $6,265,226.05 $313,261,30 $1,008,926.58 $313,261.30 $695,665.28 $1,322,187.89 $5,256,299.47 $262,814.97 $941,587.30 $262,814.97 $678,772.33 51,204,402.27 $4,314,712.17 $215,735.61 $877,451.21 $215,735.61 $661,715.60 $1,093, 186.82 $3,437,260.96 $171,863.05 $815,993.38 $171,863.05 $614,130.33 $987,856.43 $2,621,267.58 $131,063.38 $756,475.52 $131,063.38 $625,412.14 $887,538.90 8 $1,864,792.06 $93,239.601 $697,637,01 $93,239.60 $604,397.40 $790,876.61 9 $1,167,155.05 $58,357.75 $636,609.42 $58,357.75 $694,967.18 $578,251.67 10 $530,545.631 $0.00 $562,378.36 $26,527.28 $S62.378.36 $535,851.08 4
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