Harsha received a mortgage of $$180,000$ that was amortized over three years with a fixed interest rate of $2\mathrm{.}75\%$ compounded semi$-$annually.

Determine the size of the monthly payments if they are rounded up to the next $ $100?3$ marks

Construct a partial mortgage schedule showing the first two payments, the last two payments, the total amount paid, and interest paid.

$6$ marks

Payment Number

Amount Paid

Interest Portion

Principal Portion

Principal Balance

$1$

$2$

$.$

$.$

$.$

TOTALS