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June and Bill Able borrow $88,700 at 3.3% APR for 20 years. Assume monthly payments and interest compounding monthly. Calculate the monthly payment and then

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June and Bill Able borrow $88,700 at 3.3% APR for 20 years. Assume monthly payments and interest compounding monthly. Calculate the monthly payment and then pepare a repayment schedule [amortization schedule] for the first two payments. What is the monthly interest rate? i%=i=(Writeasapercent.DoNOTround.)(Writeasadecimal.DoNOTround.) What are the monthly payments? PMT=$(UseTVMSolver.Roundtothenearestcent.) Complete the following table. Round all answers to the nearest cent

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