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Angate monage loan is made for $100,000 for a 30-year period at anal rate of 12 percent interest. However, the bower and lender have
Angate monage loan is made for $100,000 for a 30-year period at anal rate of 12 percent interest. However, the bower and lender have negated a monthly payment of $800 Required: What will be the loan balance at the end of year? the interest rate increases to 3 percent at the end of year 2. how much is the payment plus negative amortization in year 2 and Complete this question by entering your answers in the tabs below. there is to 13 percent at the end of year 2, how much is the payment plus negative amortization in year
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