Question
A $100,000 mortgage at 8.5% over thirty years has a monthly payment of $768.91. After the borrower makes the twenty-fourth payment the prevailing interest rate
A $100,000 mortgage at 8.5% over thirty years has a monthly payment of $768.91. After the borrower makes the twenty-fourth payment the prevailing interest rate on a similar mortgage is now 9.0%. Calculate the value of the remaining cash flows.
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$94,195
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$96,177
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$98,421
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Bitcoin Complete Guide To Bitcoin Understand Everything From Getting Started With Bitcoin Sending And Receiving Bitcoin To Mining Bitcoin
Authors: Mr Mark Gates
1st Edition
1974565491, 978-1974565498
