Pinterest × : Target Expe X L.6 Key Activ x How to prepa X Correo: Xime X Cengage Lea WAL.8 WA - Amo X a Detalles del X b Michael Sanc + → C webassign.net/web/Student/Assignment-Responses/submit?dep=34373787&tags=autosave #question4984560_0 X Relaunch to update Contenidos Assigmentoring Your last submission is used for your score. PREVIOUS ANSWERS ASK YOUR TEACHER PRACTICE ANOTHER Michael Sanchez purchased a condominium for $64,000. He made a 20% down payment and financed the balance with a 30 year, 5% fixed-rate mortgage. Round your answers to the nearest cent. (a) What is the amount (in dlls) of the monthly fixed payment, R, of Michael's lon? $ 287.83 X 1. [0/25 Points] DETAILS MY NOTES (b) Construct an amortization schedule for the first four months of Michael's mortgage. Payment Number Monthly Fixed Payment Amount of Payment to Interest Principal 1 2 3 4 Submit Answer A A 17 A +A $ tA $ $ tA $ A Ending Balance $ $ $ $ tA A A $ $ 2. [-/25 Points] DETAILS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Michael Sanchez purchased a condominium for $92,000. He made a 20% down payment and financed the balance with a 20 year, 5% fixed-rate mortgage. (Round your answers to the nearest cent.) (a) What is the amount (in $) of the monthly fixed payment, R, of Michael's loan? C F2 80 a F3 F4 F5 MacBook Air # $ % & ! 2 3 4 5 6 Q @ < F6 F7 DII F8 DD F9 -7 W E R T Y U ( ) 8 9 ● Il 0 A F10 ? 0 P E F11 i ¿ 川 F12 X