Question
Consider a $500,000 mortgage amortized over 25 years at an interest rate of 4% per year compounded semi-annually. How much interest, over the life
Consider a $500,000 mortgage amortized over 25 years at an interest rate of 4% per year compounded semi-annually. How much interest, over the life of the mortgage, would you save if you made your payment biweekly (26 times per year) instead of monthly (12 times per year).
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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