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3. This amortization table shows the first 3 payments and the last 3 payments on mortgage. Payment Monthly number payment Interest paid Principal paid
3. This amortization table shows the first 3 payments and the last 3 payments on mortgage. Payment Monthly number payment Interest paid Principal paid 0 Outstanding balance $180 000.00 1 $1343.20 $976.66 $366.55 $179 633.45 2 $1343.20 $974.67 $368.53 $179 264.92 3 $1343.20 $972.67 $370.53 $178 894.39 238 $1343.20 $21.63 $1321.57 $2664.70 239 $1343.20 $14.46 $1328.74 $1335.95 240 $1343.20 $7.25 $1335.95 $0.00 a) What is the total amount paid on the mortgage? b) How much interest is paid?
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