Question
[-/13 Points] DETAILS BRECMBC9 14.1.008.MI. Prepare an amortization schedule for the first 3 payments (in $) of a $66,000 mortgage at 5% for 30 years.
[-/13 Points] DETAILS BRECMBC9 14.1.008.MI. Prepare an amortization schedule for the first 3 payments (in $) of a $66,000 mortgage at 5% for 30 years. Use this table. (Round Payment Number Monthly Payment 0 Monthly Interest Portion Used to Reduce Principal Loan Balance $ 1 $ 2 $ $ 3 $ $ Need Help? Read It Watch It Master It $ $ MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Find the monthly payment (in $) and the total interest (in s) for a mortgage of $42,000 at 5% for 20 years. Use this table and give the total interest as your answer. (Round your answers to the nearest cent.) Monthly payment Total interest Need Help
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