NEED A PERFECT PAPER? PLACE YOUR FIRST ORDER AND SAVE 15% USING COUPON:

4.8/5

solution

A house sells for $202,500 and a 8% down payment is made. a mortgage is secures at 7% for 35 years. Compue an amortization schedule for the first 3 month. Round your answers to two decimal places, if necessary. The value of the mortgage is $189,300 and the monthly payment is $1190.46.

Payment = 1 Interest = Payment on Principal = Balance of lean =

Step 1 Find the interest for month 1.

Step 2 Subtract the interest from the monthly payment.

Step 3: Subtract principal payment form principal.

Step 4: Find the interest for month 2.

Step 5: Find the interest for month 3.

Part 1: Payment= 1 Interest= payment on principal= Balance of loan=

Part 2: Payment= 2 Interest= payment on principal= Balance of loan=

Part 3 Payment= 3 Interest= pyament on principal= Balance of loan=

Solution:

15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.

WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!