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basically i just need a clear breakdown of how he got each answer, points a,b,and c you got a 8% OFV 95,000 30 YR loan
basically i just need a clear breakdown of how he got each answer, points a,b,and c
you got a 8% OFV 95,000 30 YR loan with monthly payments....
S el The next three points are effective interest rate problems. If the answer is 11.47% then you may answer either .1147 or 11.47%. You must answer with 4 numbers ie, places). You got a 8% OFV, $00030 loanwith payments. What would be the rate effective interest 95,, years , monthly on the 8% loan with the following additional loan features? Prnt a fl 97, OK ste a. You paid 3 points, there was no prepayment penalty (PPP), and you paid the loan off at the end of the 10th year 8.4 2 26 Boyo A 23, 338 b. You paid 3 points, there was a 26,PPP, and you paid the loan off at the end of the 10th year c. You paid 3 points, there was a 2% PPP, and you did not pay off the loan early ,2 95, EID - 3 Pt = 95, or C, 9792, 150 A v Poss Unt + Rem BolStep by Step Solution
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