Question: Part 1 - Amortization Build an Amortization table below ( NOT COPY FROM A MODEL! ) that shows a level pay fixed rate mortgage with
Part Amortization
Build an Amortization table below NOT COPY FROM A MODEL! that shows a level pay fixed rate mortgage with the following Terms
$ Loan
Interest
year Amortization
Must show formulas for credit
Loan Starts
What is the monthly payment required?
What is the "constant" of the loan?
If we sold this asset at the end of years how much would the payoff be
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