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Hello! I was wondering how much money the borrower has to offer to make the loan whole. Then compute how much interest it will pay
Hello! I was wondering how much money the borrower has to offer to make the loan whole. Then compute how much interest it will pay if it makes the loan whole versus how much interest it would pay if it did not pay off the loan immediately. Should the lender accept the offer to make the loan whole or should it just keep the loan on its books until maturity.
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