How much of payment 110 applies to principal? Use the amortization schedule to answer the question. Loan

How much of payment 110 applies to principal?

Use the amortization schedule to answer the question.

Transcribed Image Text:

Loan Amount Interst Rate (annual) Term (Years) Amortization Schedule Calculator $168,458.00 5.85% 15 Monthly Payment $1,407.93 Month Payment 93 $1,407.93 Principal Interest Total Interest Balance $917.74 $490.19 $62,112.60 $99,633.22 94 $1,407.93 $922.22 $485.71 $62,598.32 $98,711.00 95 $1,407.93 $926.71 $481.22 $63,079.53 $97,784.29 96 $1,407.93 $931.23 $476.70 $63,556.23 $96,853.06 97 $1,407.93 $935.77 $472.16 $64,028.39 $95,917.29 98 $1,407.93 $940.33 $467.60 $64,495.99 $94,976.96 99 $1,407.93 $944.92 $463.01 $64,959.00 $94,032.04 100 $1,407.93 $949.52 $458.41 $65,417.40 $93,082.52 101 $1,407.93 $954.15 $453.78 $65,871.18 $92,128.37 102 $1,407.93 $958.80 $449.13 $66,320.31 $91,169.56 103 $1,407.93 $963.48 $444.45 $66,764.76 $90,206.09 104 $1,407.93 $968.17 $439.75 $67,204.51 $89,237.91 105 $1,407.93 $972.89 $435.03 $67,639.55 $88,265.02 106 $1,407.93 $977.64 $430.29 $68,069.84 $87,287.38 107 $1,407.93 $982.40 $425.53 $68,495.37 $86,304.98 108 $1,407.93 $987.19 $420.74 $68,916.10 $85,317.79 109 $1,407.93 $992.00 $415.92 $69,332.03 $84,325.78 110 $1,407.93 $996.84 $411.09 $69,743.12 $83,328.94 111 $1,407.93 $1,001.70 $406.23 $70,149.34 $82,327.24 112 $1,407.93 $1,006.58 113 $1,407.93 $1,011.49 114 $1,407.93 $1,016.42 115 $1,407.93 $1,021.38 $401.35 $70,550.69 $81,320.66 $396.44 $70,947.13 $80,309.17 $391.51 $71,338.63 $79,292.74 $386.55 $71,725.19 $78,271.37