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Hello , need help with ''Personal Finance'' assignment: Run two amortization schedules:1.) $150,000 for 15 years at 5%2.) $150,000 for 30 years at 5% For
Hello , need help with ''Personal Finance'' assignment:
Run two amortization schedules:1.) $150,000 for 15 years at 5%2.) $150,000 for 30 years at 5%
For each:determine the monthly payment AND determine the amount of interest paid on the entire loan AND determine how much was saved in interest by cutting the loan period in half(Do NOT attach your schedules.Only provide answers to the three questions)
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