Mathematics, 11.01.2021 04:50 nickcjacques
3-5. Carson took out a 30-year loan for $145,000 at 3.6% interest, compounded
monthly, and his monthly payment for the life of the loan will be $659.24. An
amortization table for his first four payments is shown below. Fill in the missing
information in the table. Use the information for the first payment as a guide.
Interest Due
Note Reduction Unpaid Balance
Payment
Amount
S659 24
$435 00
S224 24
$144,775.76
Payment
Number
1
2
3
4
Answers: 3
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3-5. Carson took out a 30-year loan for $145,000 at 3.6% interest, compounded
monthly, and his mont...
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