Question
Assume you were just offered a $400,000 mortgage at a quoted rate of 4.5% and the mortgage calls for equal weekly payments based on a
Assume you were just offered a $400,000 mortgage at a quoted rate of 4.5% and the mortgage calls for equal weekly payments based on a 20-year amortization period. If you were asked to find the amount of your payments using the annuity present value formula, what discount rate would you use in the formula?
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Dividend Growth Investing Machine
Authors: Andrew P.C.
1st Edition
1521728461, 978-1521728468
