Back to Assignment Atents Sicon 72 5. Problem 4-29 (Loan Amortization) A-Z more Author OK toan Amortization Assume that your sunt sold her house on December 3, and to help close the sale she took a second mortone in the amount of $30,000 part of the seat. The mortgage has a woted for nominal interest rate of 12% it calls for payments every month, beginning on June 30, and is to be amortired over 15 years. Now, 1 year later, your aunt must inform the TRS and the person who bought the bone about the interest that was included in the two payments made during the year (This interest will be income to your aunt and deduction to the buyer of the house) To the closest cent, what is the total amount of interest that was paid during the first year net round intermediate calculations. Round your immer to the newest cont ontents del NO to purchase wers on Chego ut of questions Questions? med answers? Dad? bing? Ichego Save & Continue Continue without av 99 answers? down A Tego tutor 2