Question
An out-of-state family member asked for your assistance with financial planning. First, he is considering purchasing a house and would like you to create a
An out-of-state family member asked for your assistance with financial planning. First, he is considering purchasing a house and would like you to create a detailed amortization table and calculate cumulative principal paid, as well as cumulative interest throughout the loan, total amount of interest, and interest for selected years. In addition, he is considering a five-year investment in wich you invest $75 per month. He would like you to calculate the interest earned per month and the ending values. Once you have completed the work, you will upload your file to SkyDrive to allow for review.
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