Title: Rebecca bought a house in Oshawa and took a $259 000 mortgage amortized by monthly payments over 25 ... Post by: majarm on Nov 27, 2017 Rebecca bought a house in Oshawa and took a $259 000 mortgage amortized by monthly payments over 25 years that is renewable after 5 years. If interest is 4.4% compounded semi-annually, what is the outstanding balance at the end of the five year term?
If the mortgage is renewed for a further 5 year term at 3.7% compounded semi-annually, what is the balance after the second 5 year term? Title: Re: Rebecca bought a house in Oshawa and took a $259 000 mortgage amortized by monthly payments over ... Post by: Axy on Nov 27, 2017 Content hidden
Title: Re: Rebecca bought a house in Oshawa and took a $259 000 mortgage amortized by monthly payments over ... Post by: Jazzy Jatt on Jul 24, 2020 THANKS
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