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Science-Related Homework Help Mathematics Topic started by: majarm on Nov 27, 2017



Title: Note: The calculations for this question were done using Excel's RATE function.A $160 000.00 ...
Post by: majarm on Nov 27, 2017
Note: The calculations for this question were done using Excel's RATE function.
A $160 000.00 mortgage with a 20-year term is repaid by making monthly payments of $1361.00. What is the rate of interest compounded semi-annually on the mortgage?


Title: Re: Note: The calculations for this question were done using Excel's RATE function.A $160 000.00 ...
Post by: Supreme on Nov 27, 2017
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Title: Re: Note: The calculations for this question were done using Excel's RATE function.A $160 000.00 ...
Post by: Simrattbains on Jun 5, 2020
Thanks