ist

Complete the first month of the amortization schedule for a fixed$-$rate mortgage. Complete parts $($a$)$ through $($d$).$

Mortgage: $$103,000$

Interest rate: $5\mathrm{.}5\%$

Term of loan: $15$ years

Click the icon to view the Real Estate Amortization Table.

Complete the first payment of the amortization schedule.

$($Do not round until the final answer. Then round to the nearest cent as needed.$)$

Amortization Schedule

$\backslash$table$[[\backslash$table$[[$Payment$],[$Number$]],\backslash$table$[[$Total$],[$Payment$]],\backslash$table$[[$Interest$],[$Payment$]],\backslash$table$[[$Principal$],[$Payment$]],$Balance of Principal$],[1,($a$)$ $$841\mathrm{.}60,($b$)$ $$472\mathrm{.}03,($c$)$ $$369\mathrm{.}57,($d$)$ $$472\mathrm{.}03$