did you accidentally use the original price of the house, 141000, in your excel formula instead of 94% of that? 1. consider having a personal loan that spans 5 years. The loan was only taken out for $6000, but the interest rate was a higher fixed percentage of 5.99%. How much interest will you have paid after it is paid off? 2. What is the total interest you will have paid for the scenario below? The home you purchased was sold for $141,000 with a fixed APR of 1.035% across 40 years. The down payment required was 6.0%.
did you accidentally use the original price of the house, 141000, in your excel formula instead of 94% of that? 1. consider having a personal loan that spans 5 years. The loan was only taken out for $6000, but the interest rate was a higher fixed percentage of 5.99%. How much interest will you have paid after it is paid off? 2. What is the total interest you will have paid for the scenario below? The home you purchased was sold for $141,000 with a fixed APR of 1.035% across 40 years. The down payment required was 6.0%.
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 28P
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did you accidentally use the original price of the house, 141000, in your excel formula instead of 94% of that?
1. consider having a personal loan that spans 5 years. The loan was only taken out for $6000, but the interest rate was a higher fixed percentage of 5.99%. How much interest will you have paid after it is paid off?
2. What is the total interest you will have paid for the scenario below?
The home you purchased was sold for $141,000 with a fixed APR of 1.035% across 40 years. The down payment required was 6.0%.
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