Personal Finance: Chapter 9 Assignment Illustrating Amortization Heather Mcintosh of Watertown, South Dakota, recently purchased a home for $190,000. She put $25,000 down and took out a 25 year loan at 5.5 percent interest. Answer these two questions. a.) Use Table 9-4 to determine her monthly payment. b.) How much of her first payment will go toward interest and principal and how much will she owe after that first month? Estimating Mortgage Loan Payments for Princlpal and Interest (Monthly Payment per \$1,000 Borrowed) comenos netise