Mathematics

Mathematics, 27.05.2021 19:20, stevensquad1379

A$80,000 loan is made at a 16percent (nominal)rate of interest for 25years. What are the constant monthly mortgage payments on this loan, assuming it is to be fully amortized at the end of 30 years?Determine the loan balance at the end of 5 years and construct a six month amortization table

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A$80,000 loan is made at a 16percent (nominal)rate of interest for 25years. What are the constant mo...

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