Question
What is the principal portion of the 200th payment of a fully amortizing $250,000, 30-year fixed rate loan with an interest rate of 4.825 percent?
What is the principal portion of the 200th payment of a fully amortizing $250,000, 30-year fixed rate loan with an interest rate of 4.825 percent?
What is the total monthly interest and principal payments through month 100?
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Business Finance
Authors: Eddie McLaney
11th Edition
1292134402, 9781292134406
