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6. Real estate mortgage loans. a) Analyze the following loan and provide the charts for a) the proportions of interest and principal through the life
6. Real estate mortgage loans. a) Analyze the following loan and provide the charts for a) the proportions of interest and principal through the life of the loan and, b) accumulated interest and principal. Interest 4.00% yearly; Time 30 years, or 360 in months; Principal, $360,000.00 b) Which is better for the borrower, to prepay principal or interest? Why? When is it best to prepay a loan? Why
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