TABLE 15-1 Amortization table (mortgage principal and interest per $1,000) INTEREST Term in years 3% 5% 51% 6% 64% 7% 8% 94% 10일% 7% 8% 9% 10% 11% 10 9.89 10.61 10.86 11.11 11.36 11.62 11.88 12.14...


Complete the following table by using Table 15.1. (Do not round intermediate calculations. Round your answers to the nearest cent.):


Selling price: $237,000


Down payment: $47,400


Amount mortgage: ??


Rate: 6.00%


Years: 15


Monthly payment: ??


First payment broken down into-- Interest: ?? Principal: ??


Balance at end of month: ??


TABLE 15-1<br>Amortization table (mortgage principal and interest per $1,000)<br>INTEREST<br>Term<br>in years<br>3%<br>5%<br>51%<br>6%<br>64%<br>7%<br>8%<br>94%<br>10일%<br>7%<br>8%<br>9%<br>10%<br>11%<br>10<br>9.89<br>10.61<br>10.86<br>11.11<br>11.36<br>11.62<br>11.88<br>12.14<br>12.40<br>12.67<br>12.94<br>13.22<br>13.50<br>13.78<br>12<br>8.52<br>9.25<br>9.51<br>9.76<br>10.02<br>10.29<br>10.56<br>10.83<br>11.11<br>11.39<br>11.67<br>11.96<br>12.25<br>12.54<br>15<br>7.15<br>7.91<br>8.18<br>8.44<br>8.72<br>8.99<br>9.28<br>9.56<br>9.85<br>10.15<br>10.45<br>10.75<br>11.06<br>11.37<br>17<br>6.52<br>7.29<br>7.56<br>7.84<br>8.12<br>8.40<br>8.69<br>8.99<br>9.29<br>9.59<br>9.90<br>10.22<br>10.54<br>10.86<br>20<br>5.80<br>6.60<br>6.88<br>7.17<br>7.46<br>7.76<br>8.06<br>8.37<br>8.68<br>9.00<br>9.33<br>9.66<br>9.99<br>10.33<br>22<br>5.44<br>6.20<br>6.51<br>6.82<br>7.13<br>7.44<br>7.75<br>8.07<br>8.39<br>8.72<br>9.05<br>9.39<br>9.73<br>10.08<br>25<br>5.01<br>5.85<br>6.15<br>6.45<br>6.76<br>7.07<br>7.39<br>7.72<br>8.06<br>8.40<br>8.74<br>9.09<br>9.45<br>9.81<br>30<br>4.50<br>5.37<br>5.68<br>6.00<br>6.33<br>6.66<br>7.00<br>7.34<br>7.69<br>8.05<br>8.41<br>8.78<br>9.15<br>9.53<br>35<br>3.99<br>5.05<br>5.38<br>5.71<br>6.05<br>6.39<br>6.75<br>7.11<br>7.47<br>7.84<br>8.22<br>8.60<br>8.99<br>9.37<br>

Extracted text: TABLE 15-1 Amortization table (mortgage principal and interest per $1,000) INTEREST Term in years 3% 5% 51% 6% 64% 7% 8% 94% 10일% 7% 8% 9% 10% 11% 10 9.89 10.61 10.86 11.11 11.36 11.62 11.88 12.14 12.40 12.67 12.94 13.22 13.50 13.78 12 8.52 9.25 9.51 9.76 10.02 10.29 10.56 10.83 11.11 11.39 11.67 11.96 12.25 12.54 15 7.15 7.91 8.18 8.44 8.72 8.99 9.28 9.56 9.85 10.15 10.45 10.75 11.06 11.37 17 6.52 7.29 7.56 7.84 8.12 8.40 8.69 8.99 9.29 9.59 9.90 10.22 10.54 10.86 20 5.80 6.60 6.88 7.17 7.46 7.76 8.06 8.37 8.68 9.00 9.33 9.66 9.99 10.33 22 5.44 6.20 6.51 6.82 7.13 7.44 7.75 8.07 8.39 8.72 9.05 9.39 9.73 10.08 25 5.01 5.85 6.15 6.45 6.76 7.07 7.39 7.72 8.06 8.40 8.74 9.09 9.45 9.81 30 4.50 5.37 5.68 6.00 6.33 6.66 7.00 7.34 7.69 8.05 8.41 8.78 9.15 9.53 35 3.99 5.05 5.38 5.71 6.05 6.39 6.75 7.11 7.47 7.84 8.22 8.60 8.99 9.37

Jun 11, 2022
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