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Please determine the amortization for the following two payment frequencies using the mortgage amount 322595 Hint ( solve for N and adjust your mortgage payment

Please determine the amortization for the following two payment frequencies using the mortgage amount 322595

Hint ( solve for N and adjust your mortgage payment from section 4. Make sure your PMT is negative)

Monthly payment from section 4: 1912.63

mortgage rate 3.75

present value

future value -

payment frequency 1 weekly

p/y______

c/y________

number of period ________

payment __________

Amortization in year (2 decimal)__________

pyment frequency 2 accel. Bi weekly

P/y ___________

C/y ___________

number of period _______

payment_________

amortization in year ( 2 decimal )

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