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please fix whats wrong Dart Marks for this submision 0.841.00 In order to purchase a condo, Mark takes out a $240,000 mortgage. The mortgage requires
please fix whats wrong
Dart Marks for this submision 0.841.00 In order to purchase a condo, Mark takes out a $240,000 mortgage. The mortgage requires end of month payments of $1300. If the current interest rate on the mortgage is 5% compounded semiannually, construct a partial amortization schedule for Mark's mortgage, giving details of the first two payments, the 42nd payment and the last two payments. PMT # PMT ($) Interest Portion ($) Principal Portion ($) Principal Balance ($) 0 240000 1 1300 989.76 239689.76 310.24 2 1300 2 239378.24 988.48 31152 41 226171.63 42 1300 932.74 367.26 225804 34 225804.34 X 348 1300 6.08 1293.92 169.06 349 169.75 0.74 169.06 0 Do not include dollar signs or commas in your values Check You have correctly selected 24 Step by Step Solution
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