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Complete the following amortization chart by using Table 15.1. (Round your answers to the nearest cent.) Rate of interest Years Selling price of Down payment

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Complete the following amortization chart by using Table 15.1. (Round your answers to the nearest cent.) Rate of interest Years Selling price of Down payment Principal home (loan) S 88,000 S 6,000 $ 82,000.00 Payment per $1,000 I. Monthly mortgage payment 5.0 % 30 TABLE 15-1 Amortization table (mortgage principal and interest por $1.000) INTEREST Term In years 3.1% 5% 7% 8% 81% 10% 101% 11% 12.40 10.61 0.25 10.86 9.51 12.14 10.83 13.22 1196 10 12 15 12 188 0.56 9.28 8.69 12.67 11.39 10.15 9.59 9.89 8.52 7.15 6.52 5.80 5.44 501 450 3.99 20 22 7.91 729 6.60 6:20 5.85 5.37 5.05 11.11 9.76 844 7.84 7.12 682 6:45 600 571 8.18 56 688 6151 6.15 568 538 11:36 10.02 872 812 7.46 7.13 676 6.33 505 8.00 11.62 10.29 8.99 8.40 776 7.44 707 6.65 6.29 9.85 9.29 8.68 8.39 9.56 8.99 8.37 B07 7.72 7.34 7.11 1294 11.67 10.45 9.90 933 9.05 874 8.41 8.22 7.75 7:39 7.00 6.75 10.75 10:22 9.66 939 909 878 8.60 9.00 8.72 8.40 BOS 7.84 25 30 13,50 13.78 1225 1256 1106 1137 10.54 10.86 9.99 10.33 973 10.08 945 9 9.15 9.50 8,99 9.37 8.06 7.69 7.47 35

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