For the 1-year mortgage discussed previously, the 1.5% initial fee increased the EAIR of the mortgage from

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For the 1-year mortgage discussed previously, the 1.5% initial fee increased the EAIR of the mortgage from 8% to 11.41%.

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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