Old MathJax webview

Old MathJax webview

Students verify the installment scheme in the brochure by doing calculations according to the formula in the book

use annuity present value

verify the installment scheme in the brochure by calculating it according to the Annual Present Value formula. Do it for 1 year tenors. Then analyze whether the installment scheme from the brochure is in accordance with the results of the formula calculations. Draw conclusions from the results that have been found.

House Price $200,000,000.00 Loan Amount $160,000,000.00 Down Payment $40,000,000.00 Total of 12 Mortgage Payments $166,751,579.15 Total Interest $6,751,579.15 Mortgage Payoff Date Sep. 2022