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(Solved): Make an amortization table to show the first two payments for the mortgage. Amount of mortgage $406, ...



Make an amortization table to show the first two payments for the mortgage. Amount of mortgage $406,764 Month Annual interest rate Years in mortgage Monthly payment Monthly payment $2052.89 5.00% Interest 1 2 $2052.89 (Round to the nearest cent as needed.) $ 35 Principal $ $2052.89 End-of-month principal $ $

Make an amortization table to show the first two payments for the mortgage.
Make an amortization table to show the first two payments for the mortgage.


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The working to calculate Interest is provided as follow :
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