1 Question: 2 Fill in the empty cells, highlighted in yellow, using the other information to computer the missing value(s). 3 Assume monthly payments at the end of each month in all cases. 4 5 6 Interest Rate Amortization Original Monthly (Annual Loan Term Schedule 7 Question # Balance Payment ($) %age) (Years) (Years) Ending Balance 8 1 $82,500.00 7.00% 6 30 9 2 $115,000.00 $503.13 5.25% $115,000.00 10 3 $225,000.00 $1,770.08 30 30 $0.00 11 4 $15,000.00 $112.46 4.20% $0.00 12 5 $635,000.00 9.00% 12 30 13 6 $85,000.00 $212.50 3.00% $85,000.00 14 7 $125,000.00 $857.23 15 15 $0.00 15 8 $99,200.00 $1,036.74 11.89% $0.00 16 17 18 1 19 20