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Using this table as needed, calculate the required information for the mortgage. (Round dollars to the nearest cent.) --_-__ Prepare an amortization schedule for the
Using this table as needed, calculate the required information for the mortgage. (Round dollars to the nearest cent.) --_-__ Prepare an amortization schedule for the rst 3 payments (in $} of a $78,000 mortgage at 5% for 20 years. Use this table. (Round your answers to the nearest cent.) Payment I'lnm ber Monthly Payment Monthly Interest Portion Used to Reduce Principal Loan Balance o as: 1 5: $9: a: i: 2 s: as: a: as: a a: *9: a: as: As one of the loan ofcers for Grove Gate Bank, calculate the monthly principal and interest, PI (in $), using this table and the monthly PITI (in 3;) for the mortgage. (Round dollars to the nearest oent.) $124,700 6.75% 15 $\\:| $2,370 $1,355 $
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