Question: Excercises & Questions ( 1 ) Create an amortization schedule based on the loan terms in the box ( 2 ) Calculate the weighted avg

Excercises & Questions
(1) Create an amortization schedule based on the loan terms in the box
(2) Calculate the weighted avg life ("WAL")
(3) what is the impact on WAL if the rate is increased (ex: 6%), why is that ?
(4) what is the impact on WAL if the term is decreased (ex: 180 mo ), why is that?
 Excercises & Questions (1) Create an amortization schedule based on the

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