2.) Find the first two months of the amortization schedule for a fixed-rate mortgage if the loan amount is $350,000 with an interest rate of 3.0% on a 20-year loan. All work must be shown. Payment 1: Payment 2: (a) Total payment: (use the payment formula) (e) Total payment: (b) Interest payment: (c) Principal payment: (d) Balance of principal: (f) Interest payment: (g) Principal payment: (h) Balance of principal:

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