Question
A fully amortizing mortgage CPM loan is made for $500,000 at 3.60% interest for 30 years. Payments are to be made monthly. Calculate the principal
A fully amortizing mortgage CPM loan is made for $500,000 at 3.60% interest for 30 years. Payments are to be made monthly. Calculate the principal paid in the last 5 years? (State your final answer rounded to 2 decimals)
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Advances In Financial Machine Learning
Authors: Marcos Lopez De Prado
1st Edition
1119482089, 978-1119482086
