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Carry atleast 6 decimal places on interest calculations. Please provide step by step calculations or excel screenshots and solve by canadian system rules 5. You
Carry atleast 6 decimal places on interest calculations. Please provide step by step calculations or excel screenshots and solve by canadian system rules
5. You bought a house in Calgary in 2020 for $450,000 with 25% down. The rest was financed with a 6% (Canada, so semi-annual compounding) 25 year mortgage. a. How much would your monthly payment be? b. 38 months later, you were transferred to Vancouver. You sold the Calgary house for $590,000. After paying 6% commission and $500 in legal fees, how much money would you realize from the saleStep by Step Solution
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