A loan or $50,000 is made for 10 years at 8 percent interest and no months payments

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A loan or $50,000 is made for 10 years at 8 percent interest and no months payments are scheduled. a How much will be due at the end of 10 years?

b. What will be the yield to the lender if it is repaid after 8 years? (Assume monthly compounding.)

c. If I point is charged in

(b) what will be the yield to the lender?AppendixLO1

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Real Estate Finance And Investments

ISBN: 9780073524719

13th Edition

Authors: William Brueggeman, Jeffrey Fisher

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Question Posted: Jul 26, 2024 09:02 AM

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A loan or $50,000 is made for 10 years at 8 percent interest and no months payments

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Real Estate Finance And Investments

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