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Amy is considering buying a home that is listed for $600,000 all taxes included. She went to the bank to ask for a loan. The

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Amy is considering buying a home that is listed for $600,000 all taxes included. She went to the bank to ask for a loan. The bank Case 1: manager has agreed to finance only 80% of the price and the Financial finance charge will be 2.5% if term is 8 years with a monthly payment schedule. As a bonus, the bank will pay Amy $3,000 at the end of the 8 years. Prepare an amortization schedule for Amy. First payment will be on 1-Jan-2024

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