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Complete the following table: (Use Table 15.1.) (Do not round intermediate calculations. Round your answers to the nearest cent.) First Payment Broken Down Into Selling
Complete the following table: (Use Table 15.1.) (Do not round intermediate calculations. Round your answers to the nearest cent.) First Payment Broken Down Into Selling price Down payment Amount mortgage Rate Years Monthly payment Balance at end of month Interest Principal $ 143,000 $ 32,000 7.50 % 30 TABLE 15-1 Amortization table (mortgage principal and interest per $1,000) INTEREST Term in years 3,1% 5% 5.1% 6% 7% 72% 8% 81% 9% 10% 101% 11% 10 9.89 10.86 11.36 12.14 12.94 13.78 10.61 9.25 11.11 9.76 11.62 10.29 11.88 10.56 12.67 11.39 13.22 11.96 13.50 12.25 12 8.52 12.40 11.11 9.85 9.51 10.02 10.83 11.67 12.54 15 7.15 7.91 8.18 8.44 8.72 8.99 9.28 9.56 10.15 10.45 10.75 11.37 11.06 10.54 17 6.52 7.29 7.84 8.12 8.40 8.69 8.99 9.29 9.59 9.90 10.22 10.86 1.56 6.88 20 5.80 6.60 7.17 7.46 7.76 8.06 8.68 9.66 9.99 8.37 8.07 9.00 8.72 9.33 9.05 10.33 10.08 22 5.44 6.51 6.82 7.13 7.75 8.39 9.39 9.73 6.20 5.85 7.44 7.07 25 5.01 6.15 6.45 6.76 7.39 7.72 8.06 8.40 8.74 9.09 9.45 9.81 30 4.50 5.37 5.68 6.00 6.33 6.66 7.00 7.34 7.69 8.78 9.15 9.53 8.05 7.84 8.41 8.22 35 3.99 5.05 5.38 5.71 6.05 6.39 6.75 7.11 7.47 8.60 8.99 9.37
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