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A$37,000 mortgage taken out on June 1 is to be repaid by monthly payments rounded...

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A$37,000 mortgage taken out on June 1 is to be repaid by monthly payments rounded up to the nearest $10 The payments are due on the first day of each month starting July 1 The amortization period is 8 years and interest is 3 2% compounded semi-annually for a six-month term. Construct an amortization schedule for the six-month form Interest Paid Principal Repaid What is the monthly payment rounded up to the nearest $10? Payments Complete the amorization schedule (Round to the nearest cont as needed Payment Number Amount Paid June 1 July 1 Aug 1 Sept 1 Oct 1 Outstanding Principal Balance $37.000 DODO Nov 1 Dec 1

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