$0$ You are taking out a $5-$year mortgage for $20,000$ at a $7\%$ mortgage rate. Suppose you make payments annually. Compute your annual payment and demonstrate the amortization table.

$\backslash$table$[[$INPUTS$],[$Mortgage amount,$20000],[$Mortgage rate,$7\%],[$periods$,5],[,]]$

Annual payment $($PMT$)$

$\backslash$table$[[$Year$,$Beginning Balance,Payment,Interest,$\backslash$table$[[$Repayment of$],[$Principal$]]],[1,,,,],[2,,,,],[3,,,,],[4,,,,],[5,,,,]]$