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Show all work and write sentence answers where appropriate. 1 . ) John and Tammy are buying a house for $ 3 3 0 ,

Show all work and write sentence answers where appropriate.
1.) John and Tammy are buying a house for $330,000 and have taken out a 30-year
mortgage at 3.75% interest per year. If they decide to put 20% down find the
following
a.) Find the monthly payment.
b.) Complete the following amortization table
\table[[Month,\table[[Outstanding],[Principle]],\table[[Payment of],[Principle]],\table[[Interest],[Payment]],\table[[Monthly],[Payment]]],[0,,,,],[1,,,,],[2,,,,],[3,,,,],[178,,,,],[179,,,,],[180,,,,]]
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