Question:Consider a $350,000 mortgage that is to be repaid over 25
years at 2.52% compounded semi-...
Question
Consider a $350,000 mortgage that is to be repaid over 25
years at 2.52% compounded semi-...
Consider a $350,000 mortgage that is to be repaid over 25
years at 2.52% compounded semi- annually. Assume that the payments
are done at the end of each month. Find the outstanding balance,
interest and principal payment after 8 years.