
Personal Financial Planning 13th Edition by Lawrence Gitman,Michael Joehnk,Randy Billingsley
النسخة 13الرقم المعياري الدولي: 978-1111971632
Personal Financial Planning 13th Edition by Lawrence Gitman,Michael Joehnk,Randy Billingsley
النسخة 13الرقم المعياري الدولي: 978-1111971632 تمرين 35
What would the monthly payments be on a $150,000 loan if the mortgage were set up as:
a. A 15-year, 6 percent fixed-rate loan
b. A 30-year ARM in which the lender adds a margin of 2.5 to the index rate, which now stands at 4.5 percent
Find the monthly mortgage payments for the first year only.
a. A 15-year, 6 percent fixed-rate loan
b. A 30-year ARM in which the lender adds a margin of 2.5 to the index rate, which now stands at 4.5 percent
Find the monthly mortgage payments for the first year only.
التوضيح
a. Calculate the monthly payment of fixe...
Personal Financial Planning 13th Edition by Lawrence Gitman,Michael Joehnk,Randy Billingsley
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