Find the size of the payments rounded up to the next cent

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A home is purchased for $148450. The homeowner pays $29690 down and finances the balance for 30 years at 7.5% compounded monthly.

a. Find the size of the payments rounded up to the next cent.

$  

b. How much of the first payment is interest?

$  

c. How much is still owed on the loan just after 145 payments.

$  

d. What is the owner's equity after 145 payments?

$  

e. How much is owed just before the 145 payment is actually made?

$

Reference no: EM131341558

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