Q. Find the monthly paymcnts Cnd total intrest for Loan? Use pmt-PL5) ra home is finonced with a$130,000 B. prepare a Loan' åmortization sinedule for the First three months of the mortgage. 1. hhat is the minthiy payment round to nearest cent'as needed) 2. The total intrest for the loan is ? und to arest cent Fill out Loan amortization Schedule for first three months payment Number intrestPrinipalLoan Balance reeded. 3.
Q. Find the monthly paymcnts Cnd total intrest for Loan? Use pmt-PL5) ra home is finonced with a$130,000 B. prepare a Loan' åmortization sinedule for the First three months of the mortgage. 1. hhat is the minthiy payment round to nearest cent'as needed) 2. The total intrest for the loan is ? und to arest cent Fill out Loan amortization Schedule for first three months payment Number intrestPrinipalLoan Balance reeded. 3.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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can you please help me with this problem
Transcribed Image Text:LOan' âmortization sinedule for the First
Use pmt-PlE) un
todetermine +he reavor payment am
1.
000
Of a home is finnnced with a$130,0
668304ear fiked-rate mortgage
a the monthiy payments cnd totalintrest for 20an
prepare a Loan' åmortization sineduse for the First
e at "
B.
three montths of the mortgage.
1.hhat is the minthiy payment.
(round to nearest cent 'as needed)
2.
2. The total intrest for the Loan is 2
Round to
nearestcent
as
needed.
Fill out Loan amortization Schedule for first
three months.
payment Numberintrest
Principal Loan Balance
(3.
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