# 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

I don’t know how to handle this Algebra question and need guidance.

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

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

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