Question
Case 2. Mortgage a) Assume mortgage payments of $1100 per month for 30 years and an interest rate of 0.5% per month. What initial principal
Case 2. Mortgage
a) Assume mortgage payments of $1100 per month for 30 years and an interest rate of 0.5% per month. What initial principal or PW will this repay?
b) Assume annual mortgage payments of $13,200 for 30 years and an interest rate of 6% per year. What initial principal or PW will this repay?
c) Assume annual mortgage payments of $13,200 for 30 years and an interest rate of 6.168% per year. What initial principal or PW will this repay?
PLEAE USE MICROSOFT EXCEL!! and be detailed. Thank you!!
If possible please add a graph to compare
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The Internal Auditing Pocket Guide Preparing Performing Reporting And Follow Up
Authors: J.P. Russell
2nd Edition
1636941303, 978-1636941301
