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please correct what is wronh 2. Jack plans to purchase a condo for $280,000. He will pay a 20% down payment on the home, with

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2. Jack plans to purchase a condo for $280,000. He will pay a 20% down payment on the home, with the remaining payments being made monthly over a 20-year term. Interest on the mortgage is 4.50% compounded quarterly. Construct a partial amortization schedule, showing the first three payments and the last three payments. PMT # PMT ($) Interest Portion ($) Principal Portion ($) Principal Balance (S) 224000 0 out 1 1415.11 836.87 578.24 223421.76 2 1415.11 834.71 580.40 222841.36 > 3 3 1415.11 832.54 582.57 222258.79 237 4213.81 X 238 1415.11 15.74 1399.37 2814.44 x 239 1415.11 10.51

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