Question: Using this table as needed, calculate the required information for the mortgage. Table states Monthly Payments to Amortize Principal and Interest per $1,000 Financed =

Using this table as needed, calculate the required information for the mortgage. Table states

Monthly Payments to Amortize Principal and Interest per $1,000 Financed = 7.34

Amount Financed Interest Rate Term of Loan (years) Number of $1,000s Financed Table Factor (in $) Monthly Payment (in $) Total Interest (in $)
$66,500 8.00% 30 $ $ $

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