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I am needing 180 Months of the ammortization Schedule You plan to purchase a $220,000 house using a 15-year mortgage obtained from your bank. The
I am needing 180 Months of the ammortization Schedule
You plan to purchase a $220,000 house using a 15-year mortgage obtained from your bank. The mortgage rate offered to you is 4.75 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage. Complete this question by entering your answers in the tabs below. Req B Req AAmortization Req B Total Interest Schedule Construct the amortization schedule for the mortgage? (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) Amortization Schedule for the 15-Year Mortgage Month PrincipalnteestC Cumulative CumulativeEnding Principal Interest BalanceStep by Step Solution
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