Applying time value of money concepts fulton corporation purchases new manufacturing facilities and assumes a 10 year mortgage of $3 million. the annual interest rate on the mortgage is 5.5% and payments are due at the end of each year. a. determine the mortgage payment that fulton corporation must make each year. round to the nearest dollar. $answer 0 b. use excel to prepare a mortgage amortization schedule for the 10 years. to access an excel template, click the following link: mortgage amortization schedule c. at the end of the first year, what amount will fulton include as "current maturities of long-term debt" on its balance sheet? round to the nearest dollar. $answer 0