An amortization u a method do repaying a loon by a series of equal payments, such as when a person bugs Cir or house Each payment goes partially toward's payment of interest and partially toward reducing the out! standing principal, Id house a person baris S dollors to buy and in donates the outstanding principal of the nth payment of d dollars, then Pn solishes the difference quotion PO = (1+3) ²0-d Po=S CA par when is the interest pays pend. a) Find P 6) Use the solution found impact to) to find the payment d be Mode 50 as to pay back per perind that must the dept in excelly Ne $150 330 mortgage On c) Suppose you fake from 1 Q bonk that changes monthy interest of It the lan is to be repoid in 360 worthly pay. (30 you) of equal amounts what will be the O of each payment 2