For the following interest rates and payment amounts, compute the loan amortization. The note requires a minimum payment of $1100 per month, but the borrow is allowed to pay additional if desired. The note rate (APR) may change each month. Date Payment APR Int Due Principal Paid Balance 180,000.00 Jan 1 Feb 1 Mar 1 Apr 1 May 1 0 1100.00 6.250% 1100.00 8.375% 1450.00 9.125% 1100.00 7.625% For problems below, unless stated otherwise, assume mortgage payments are made monthly. 1. Complete the following table, assuming monthly payments. Interest Loan Term Monthly Yr 1 Interest Year 1 Balance after Rate Amount (years) Payment Amount Principal 1 Year. 12% 140000 30 8% 140000 30 4% 140000 30 12% 140000 15 8% 140000 15 4% 140000 15 For the problems below, you must show your work (calculator notation is fine) 2. How much interest will you pay in the 11th year of a $95,000, 5.5%, 25 year mortgage