29. Use this table to find the monthly mortgage payments, when necessary. Prepare an amortization schedule for the first 2 payments of a $99,000 mortgage at 3.75 % for 20 years. Find the loan balance after 2 payments.

a. $97,884.01

b. $98,164.32

c. $98,443.75

d. $98,722.31

10 30 7.27 4.77 7.6 .net/brecmbc9/14-table-1.html (Necessary to amortize a loan of $1,000) Interest 15 20 25 35 40 Rate (%) Years Years Years Years Years Years Years Years 3.50 18.19 9.89 7.15 5.80 5.01 4.49 4.13 3.87 3.75 18.30 10.01 5.93 5.14 4.63 4.28 4.03 4.00 18.42 10.12 7.40 6.06 5.28 4.43 4.18 4.25 18.53 10.24 7.52 6.19 5.42 4.92 4.58 4.34 4.50 18.64 10.36 7.65 6.33 5.56 5.07 4.73 4.50 4.75 18.76 10.48 7.78 6.46 5.70 5.22 4.89 4.66 5.00 18.87 10.61 7.91 6.60 5.85 5.37 5.05 4.82 5.25 18.99 10.73 8.04 6.74 5.99 5.52 5.21 4.99 5.50 19.10 10.85 8.17 6.88 6.14 5.68 5.37 5.16 5.75 19.22 10.98 8.30 7.02 6.29 5.84 5.54 5.33 6.00 19.33 11.10 8.44 7.16 6.44 6.00 5.70 5.50 6.25 19.45 11.23 8.57 7.31 6.60 6.16 5.87 5.68 6.50 19.57 11.35 8.71 7.46 6.75 6.32 6.04 5.85 6.75 19.68 11.48 8.85 6.91 6.49 6.21 6.03 7.00 19.80 11.61 8.99 7.75 7.07 6.65 6.39 6.21 7.25 19.92 11.74 9.13 7.90 7.23 6.82 6.56 6.40 7.50 20.04 11.87 9.27 8.06 7.39 6.99 6.74 6.58 7.75 20.16 12.00 9.41 8.21 7.55 7.16 6.92 6.77 8.00 20.28 12.13 9.56 8.367 .72 7.34 7.10 6.95 8.25 20.40 12.27 9.70 8.527 .88 7.51 7.28 7.14 8.50 20.52 12.40 9.85 8.68 8.05 7.69 7.47 7.33 8.75 20.64 12.53 9.99 8.848 .22 W 7.87 7.65 7.52 9.00 20.76 12.67 10.14 9.00 8.39 8.05 7.84 7.71 9.25 20.88 12.80 L 10.29 9.168.568.23 8.03 7.91 9.50 21.00 12.94 10.44 9.328 .74 8.41 8.22 8.10 9.75 21.12 13.08 10.59 9.498.918.59 8.41 8.30 10.00 21.25 13.22 10.75 9.65 9.098 .78 8.60 8.49 10.25 21.37 13.35 10.90 9.829.26 8.79 8.69 10.50 21.49 13.49 11.05 9.98 9.44 | 9.15 8.98 8.89 10.75 21.62 13.63 11.21 10.15 9.62 9.33 9.18 9.08 11.00 21.74 13.78 11.37 10.32 9.80 9.52 9.37 9.28 11.25 21.87 13.92 11.52 10.499 .98 9.71 9.56 9.48 11.50 14.06 11.68 10.66 10.16 9.90 9.76 9.68 11.75 22.12 14.20 11.84 10.84 10.35 10.09 9.96 9.88 12.00 22.24 14.35 12.00 11.01 10.53 10.29 10.16 10.08 12.25 22.37 14.49 12.16 11.19 10.72 | 10.48 10.35 12.50 10.29 22.50 14.64 12.33 11.36 10.9 10.67 10.55 10.49 12.75 22.63 14.78 12.49 11.54 11.09 10.87 10.75 10.69 13.00 22.75 14.93 11.72 11.28 11.06 10.95 10.90 21.99 12.65 MacBook Pro :: F4 Dll F8