Larry takes out a 4 year mortgage for $800,000 at an interest rate of i(26) = 9.875%.
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Larry takes out a 4 year mortgage for $800,000 at an interest rate of i(26) = 9.875%. The amortization period is 30 years and he will make weekly payments. What is the outstanding balance at the end of 2 years?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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