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5. A fully amortized loan vs. an interest-only loan (Loan contract: borrowed $5,000 at an annual interest rate of 6%, compounded annually) Cash flows of
5. A fully amortized loan vs. an interest-only loan (Loan contract: borrowed $5,000 at an annual interest rate of 6%, compounded annually) Cash flows of Interest only loan Cashflows of a Fully amortized loan 5. A fully amortized loan vs. an interest-only loan (Loan contract: borrowed $5,000 at an annual interest rate of 6%, compounded annually) Cash flows of Interest only loan Cashflows of a Fully amortized loan
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