Question
Your Family wants to build a dog house for your beloved pet dog, soldier. After looking around for a suitable lender you settled on a
Your Family wants to build a dog house for your beloved pet dog, soldier. After looking around for a suitable lender you settled on a loan to be provided by Bank of America in the amount of 5,000.00 dollars at 6% APR for 1 year. Prepare an amortization schedule for this loan. (note you will have 12 payments). 6 points
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B . what is the cost of borrowing for this loan (3 points)
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A.Find the monthly payment of a 225000.00 dollars mortgage at 5% fixed rate for 30 years (3 points)
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D.What is the cost of borrowing for this loan (part C loan) (3 points)
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