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2. A $36,000 mortgage taken out on June 1 is to be repaid by monthly payments rounded up to the nearest $10. The payments
2. A $36,000 mortgage taken out on June 1 is to be repaid by monthly payments rounded up to the nearest $10. The payments are due on the first day of each month starting July 1. The amortization period is 10 years and interest is 6.5% compounded semi-annually for a six-month term. Construct an amortization schedule for the six-month term. What is the monthly payment rounded up to the nearest $10? Payment = $ Complete the amorization schedule. (Round to the nearest cent as needed.) Payment Number Amount Paid Interest Paid June 1 July 1 $ $ $ EA EA Principal Outstanding Repaid Principal Balance $36,000 $ Aug 1 $ $ $ $ Sept 1 $ $ $ $ Oct 1 $ $ $ $ Nov 1 $ $ $ $ Dec 1 $ $ $ $
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