needed all calculations Philip purchases a $475000 home....
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Philip purchases a $475000 home. He pays a downpayment of 20% and mortgages the remaining amount. He makes payments of $2000 at the end of each month. If the interest rate on the mortgage is 3.25% compounded semiannually, construct a partial amortization schedule for Philip's mortgage, giving details of the first two payments, the 150th payment and the final payment. Do not include dollar signs or commas in your values. PMT # Interest Portion (5) Principal Portion ($) Principal Balance ($) PMT (S) Finish attempt. Philip purchases a $475000 home. He pays a downpayment of 20% and mortgages the remaining amount. He makes payments of $2000 at the end of each month. If the interest rate on the mortgage is 3.25% compounded semiannually, construct a partial amortization schedule for Philip's mortgage, giving details of the first two payments, the 150th payment and the final payment. Do not include dollar signs or commas in your values. PMT PMT ($) Interest Portion ($) Principal Portion ($) Principal Balance ($)
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