The monthly payment will be $782.47. Find monthly payment for a $150,000 30-year fixed rate mortgage at 4.75%. Please figure out what amount goes to the principal in month 1 and 2!!!!! Use one of the formulas from below!!!!

Please figure out what amount will go towards the principal in month 1 and month 2. Please use one of the formulas that are in the sheet below. Do Not Use a Formula That Is Not on this Formula Sheet. Only use one of the formulas below. Answer the questions correctly, please. ASAP

2.) Determine the amount of your first and second months' payments that will go towards the principal. (See notes on the amortization table as a guide) Remember to show complete work (4pts) Amount going toward Principal- month 1 Amount going toward Principal - month 2 3.) Find the total amount paid on this mortgage Total Paid = Monthly Payment x total number of monthly payments (2pts) Total paid: (\# 18) percent of change =baseamountnewamountbaseamount (\# 19) Simple Interest I=Prt (\# 20) Future Value of a Simple Interest Account: A=P+I=P(1+rt) (\# 21) Future Value of Compound Interest Account (compounded periodically): A=P(1+mr)n where m= the number of compounding cycles per year, n= the total number of compounding cycles (\# 22) Future Value of a Continuous Compound Interest: A=Pen Annuitiec that Grow (amennt halanes inereacec nver tima)