If I took out a loan for $550,000 10 years ago with an interest rate of 7%p.a on a 25 year loan term, paying principle and interest how much do I currently owe?
If I took out a loan for $550,000 10 years ago with an interest rate of 7%p.a on a 25 year loan term, paying principle and interest how much do I currently owe?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 41P
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If I took out a loan for $550,000 10 years ago with an interest rate of 7%p.a on a 25 year loan term, paying principle and interest how much do I currently owe?
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