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You take out a real estate loan of 100,000 in constant monthly payments.The annual interest rate is 3.6%. The duration of the loan is 50
You take out a real estate loan of 100,000€ in constant monthly payments.The annual interest rate is 3.6%.
The duration of the loan is 50 years.On what date (after how many months) Will you have repaid half of your loan?
The duration of the loan is 50 years.On what date (after how many months) Will you have repaid half of your loan?
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Step 11 After 4198 months we wil have repaid half of our lo...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
