Question
Youve just bought a $550,000 house in Hawken, St Lucia (only dreaming!). You were able to provide a deposit of $50,000 and obtain a 20-year
Youve just bought a $550,000 house in Hawken, St Lucia (only dreaming!). You were able to provide a deposit of $50,000 and obtain a 20-year home loan at 8.0% for the balance. How much should you pay per month?
I believe the answer is $4182.20 but my professor says it is $2656.76?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
