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A 22-year mortgage is amortized by payments of $1761.50 made at the end of each month. If interest 9.65% compounded semi-annually, and you want to
A 22-year mortgage is amortized by payments of $1761.50 made at the end of each month. If interest 9.65% compounded semi-annually, and you want to know what is the mortgage principal? Find p (the equivalent rate of Interest per payment period) Select one: a. 0.024329 b. 0.0171977 c. 0.006961062 d. 0.0078846 e. 0.015075125 re to search
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