Question
Mortgage principal: 100,000 Points: 1.50% Processing costs: 750.00 Quoted interest (APR) 12% Mortgage term (years) 5 Monthly payment ____ Monthly IRR 0% (calculate at end)
Mortgage principal: 100,000
"Points": 1.50%
Processing costs: 750.00
Quoted interest (APR) 12%
Mortgage term (years) 5
Monthly payment ____
Monthly IRR 0% (calculate at end)
EAIR ____
calculate cash flows (monthly payment from month 1-60 and monthly irr, and eair
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
