Question
A widow wishes to take out a reverse mortgage on her house. What annual payment can she get if she decides on a $100,000 debt
A widow wishes to take out a reverse mortgage on her house. What annual payment can she get if she decides on a $100,000 debt at the end of 10 years, the current rate is 3%, and she wants to take a $10,000 advance?
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Financial Accounting Information For Decisions
Authors: Robert w Ingram, Thomas L Albright
6th Edition
9780324313413, 324672705, 324313411, 978-0324672701
