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[K2] 2. This amortization table shows the first 3 payments of the William's mortgage. Payment Monthly Interest Principal Outstanding number payment paid paid balance 0
[K2] 2. This amortization table shows the first 3 payments of the William's mortgage. Payment Monthly Interest Principal Outstanding number payment paid paid balance 0 $170 000.00 1 $789.25 $534.12 $255.13 $169 744.87 2 $789.25 $533.32 $255.93 $169 488.93 3 $789.25 $532.51 $256.74 $169 232.20 a) How much money did the William's borrow? b) How much is their monthly payment? 1 **Round all answers to 2 decimal places, if necessary ** R[(1+1)" 1] R[1-(1+i)"] FV = PV = FV(i) R= [(1+i)" - 1] (PV) R= [1-(1+i)"] i i Part A: Please make complete the Multiple-choice questions in D2L
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