Jamie and Eddie are buying an apartment for $320,000.00. Their loan officer tells them that their principal will decrease by 4.5% every year if they make the minimum mortgage payments. Complete the table to predict the principal for the first 3 years. (Round to the nearest hundredth, if applicable.)(2 points)
Year Principal
0 $320,000.00
1 $___
2 $___
3 $___
Year Principal
0 $320,000.00
1 $305,600.00
2 $292,576.00
3 $280,043.36