# Question: for problems in this section use table 141 from your...

###### Question details

*For problems in this section, use Table 14-1 from your text to
find the monthly mortgage payments, when necessary.*

Refer to Narrative 14-1. Garrison takes out a $62,500 mortgage at 6% for 15 years. Prepare an amortization schedule for the first 3 months. Find the loan balance after 3 payments