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Solve the problem. The cost of a home is financed with a 5160,000, 30 year fixed-rate mortgage at 7%. The buyer will make 360 payments

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Solve the problem. The cost of a home is financed with a 5160,000, 30 year fixed-rate mortgage at 7%. The buyer will make 360 payments of 51064.00. Prepare a loan amortization schedule for the first three months of the mortgage Round to the nearest cent. Payment Interest Prindpal Balance Number Payment Payment for Loan 1 2 3 @ Payment Interest Prindpal Balance Number PAVI Patent of Lon 5933.33 51.00 3199 36936 2 $93257 $131.03 $199,737 90 3 593130 51322 $199.60570 O Payment Interest Prindpal Salande Number Pay Pay of Lon 39 5130 1990 2 $92257 $131.0 $199,737.50 3 1990.36 56564 $159.672 Payment Number 1 2 3 Interest Prindpal Balance Payment Payment of Lom 5933.33 51306 51595691 $902 57 51310 $199.868 5931 80 $1322 $159,60570 Payment Number 1 2 3 Interest Peindpal Balance Payment Payment of Lom 592320 $1 5152533 5922.90 $131.10 $13961490 $93130 5132 $159,60570

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