Question: ANSWER PROBLEM 3 ONLY Problem 3 - Consider Problem 1 . For payments 1 - 1 1 we pay the regular payment computed in Problem
ANSWER PROBLEM ONLY
Problem Consider Problem For payments we pay the regular payment computed in Problem At time kpayment # we send additional G towards the principal. After that we keep paying the regular payment computed in Problem Questions i at what time the loan will be paid off, ii compute the final payment, iii compute the total interest paid on this mortgage under the new payment, iv show the first two lines, lines and the last two lines of the amortization table, v compute WAL and K
Problem We borrow a mortgage $ at for years. Questions i compute regular monthly payment, ii compute the final payment, iii compute the total interest paid on this mortgage, iv show the first two and the last two lines of the amortization table, v compute WAL and KProblem Consider Problem Assume that each month we pay addition $payment M regular payment Questions i at what time the loan will be paid off, ii compute the final payment, iii compute the total interest paid on this mortgage under the new payment, iv show the first two and the last two lines of the amortization table, v compute WAL and K
answer problem only
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