Question
The amortization schedule is based on a $150,000, 30-year mortgage, financed at 6.01%. It has been...
The amortization schedule is based on a $150,000, 30-year mortgage, financed at 6.01%. It has been partially filled in for you
| Payment Number | Payment Amount | Interest Paid | Principal Paid |
|
|
| 0 | $150,000.00 | ||||
| 1 | A | $149.04 | |||
| 2 | B |
What should the value of “B” be from the previous amortization schedule?
A. $602.21
B. $750.50
C. $751.25
D. $900.29
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