Question: a ) Compare a 2 5 - year amortization period to a 2 0 - year amortization period using a table like the following. (
a Compare a year amortization period to a year amortization period using a table like the following. marks: marks for monthly payments, marks for interest totals, mark for last question
tabletableAmortizationPeriodtableTotal Number ofPaymentsMonthly Payment,Total Interest Paid years, years,
Which is the best choice and how much would be saved?
b Compare payment frequenciesmonthly with accelerated weeklyusing a table like the following. marks: mark for total number of payments, mark for weekly total interest paid value, mark for final question
tablePaymenttableTotal Number ofPaymentsTotal Interest Paid$ month,tableHere you may copy youranswer from part a$ week,,
Which is the best choice and how much would be saved?
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