A couple obtains a 20 year, $82,000 home loan:

Interest compounded monthly = 6.3%

Lender Changers 2 points on the loan what is the effective interest rate = ?

Answer to the nearest 0.01%

Loan 8,000 is amortized with 8 quarterly payments 

At an interest rate = 12% compounded quarterly 

a) What's the size of the concluding payments is rounded to the nearest dollar.

b) Using the payment rounded to the nearest dollar, construct an amortization schedule for the loan.