A 12-month loan with principal balance of $11,500 and structured as a CPM style amortization having 6.50%
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A 12-month loan with principal balance of $11,500 and structured as a CPM style amortization having 6.50% fixed interest will cause the borrower to pay how much in total payments over the life of the loan on a pre-tax basis?
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Related Book For
Foundations Of Real Estate Financial Modelling
ISBN: 9781032454597
3rd Edition
Authors: Roger Staiger
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