For the below offer, find the flat rate (fix rate), us the following details Mortgage...
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For the below offer, find the flat rate (fix rate), us the following details • Mortgage amount 1,000,000 (one million dirham) Loan period 15 years (monthly payment) ● OFFERS AND BENEFITS Apply now 2.23% * per annum reducing Zero entry cost Zero Processing Fee** Zero valuation Fee*** Offer valid until 10th April, 2022 Zero Application Fee Use chapter 7 and other associated information to find the relationship between reducing vs. flat. Using Excel makes life easier, You can search outside the class slides and textbook to find a conversion procedure or equation, that making conversion easier For the below offer, find the flat rate (fix rate), us the following details • Mortgage amount 1,000,000 (one million dirham) Loan period 15 years (monthly payment) ● OFFERS AND BENEFITS Apply now 2.23% * per annum reducing Zero entry cost Zero Processing Fee** Zero valuation Fee*** Offer valid until 10th April, 2022 Zero Application Fee Use chapter 7 and other associated information to find the relationship between reducing vs. flat. Using Excel makes life easier, You can search outside the class slides and textbook to find a conversion procedure or equation, that making conversion easier
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Flat rate The flat rate is the rate charged on the original loan amount for the full loan te... View the full answer
Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
Posted Date:
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