Question
The Taylors agreed to make monthly payments on a mortgage of $140000 amortized over 15 years Interest for the first 3 years was 8.5% compounded
The Taylors agreed to make monthly payments on a mortgage of $140000 amortized over 15 years Interest for the first 3 years was 8.5% compounded semi-annually. Determine the mortgage balance at the end of the 3 year term
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
