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Saint and Jack found a house in London. They can buy the house for $179900. After negotiating with their bank, they have been offered a
Saint and Jack found a house in London. They can buy the house for $179900. After negotiating with their bank, they have been offered a mortgage for 90% of the cost at 4.5% compounded semi-annually, with regular weekly payments for 15 years
.1)
Fill the table: (can use excel) 1) prize- 2)down payment- 3)Mortgage/loan 4)Present value 5)Future value 6)Annual interest 7)payments
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