Philo needs to borrow $310,000 to purchase a home. He is able to obtain a fifteen year mortage with a flixed-rate of 12.0%, What is his monthly payment? For numerical entries, please 1. do NOT enter...

Extracted text: Philo needs to borrow $310,000 to purchase a home. He is able to obtain a fifteen year mortage with a flixed-rate of 12.0%, What is his monthly payment? For numerical entries, please 1. do NOT enter commas 2. do NOT enter the dollar symbol: $ 3. DO enter the percent symbol when it is needed: % 4. enter dollar amounts to the nearest cent, for example: 12345.67 Please complete the TVM Framework table to compute Philo's monthly payment on this mortgage: Time Value of Money (TVM) Framework FV PV PMT type CPT Piease complete the first rows of the amortization table: Amortization Table Excess Payment Principal Remaining Principal INTEREST Balance If Philo started this mortgage at the beginning of December, how much interest would he pay during its first calendar year?