Question: caculate in excel, please A borrower is making a choice between a mortgage with monthly payments or biweekly pay-ments. The loan will be $200,000 at
caculate in excel, please
A borrower is making a choice between a mortgage with monthly payments or biweekly pay-ments. The loan will be $200,000 at 6 percent interest for 20 years.
- How would you analyze these alternatives?
- What if the biweekly loan was available for 5.75 percent? How would your answer change?
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