19 a house costs 185 000 the terms of the sale are 20 down and the remainder to be paid in monthly payments for 20 years at an annual rate of 6 75 compounded monthly construct the payment schedule for the first 3 payments by filling in the table bel
A house costs $185,000. The terms of the sale are 20% down and the remainder to be paid in monthly payments for 20 years at an annual rate of 6.75% compounded monthly.
Construct the payment schedule for the first 3 payments by filling in the table below
| period | interest | cum. int. | principal | balance |
| 0 | ||||
| 1 | ||||
| 2 | ||||
| 3 |
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