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Saved Help Save & Exit Submit You plan to purchase a $360,000 house using a 15-year mortgage obtained from your bank. The mortgage rate offered to you is 5.60 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage b. Construct the amortization schedule for the mortgage. How much total interest is paid on this mortgage? Complete this question by entering your answers in the tabs below. ReqB Req B Total ReqA Amortization Interest Schedule Construct the amortization schedule for the mortgage? (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.9., 32.16)) Amortization Schedule for the 15-Year Mortgage Principal interest Cumulative Cumulative Principal interest Ending Balance Month 2 3 179 180 Saved Help Save & Exit You plan to purchase a $360,000 house using a 15-year mortgage obtained from your bank. The mortgage rate offered to you is 5. percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage. b. Construct the amortization schedule for the mortgage. How much total interest is paid on this mortgage? Complete this question by entering your answers in the tabs below. Req B Reg Total Reg A Amortization Interest Schedule How much total interest is paid on this mortgage? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Total interest is paid on this mortgage BOB TOID ( Req B Amortization Schedule Saved Help Save & Exit Submit You plan to purchase a $360,000 house using a 15-year mortgage obtained from your bank. The mortgage rate offered to you is 5.60 percent. You will make a down payment of 20 percent of the purchase price. a. Calculate your monthly payments on this mortgage. b. Construct the amortization schedule for the mortgage. How much total interest is paid on this mortgage? Complete this question by entering your answers in the tabs below. Reg B Req B Total FA Amortization Interest Schedule Calculate your monthly payments on this mortgage. (Do not round Intermediate calculations. Round your answer to 2 decimal places. (0.9., 32.16)) Monthly payment Reg 0 Amortization Schedule >

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