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Home Q & A Board Science-Related Homework Help Mathematics
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shaester shaester
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10 months ago
The interest rate on a 25-year, $350,000 mortgage loan is 2.95% compounded semiannually. What must the semiannually compounded interest rate be, assuming the same payment, if you wish to amortize over twenty years instead of twenty-five years?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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GremGrem
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10 months ago
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shaester Author
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10 months ago
this is exactly what I needed
ky
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Yesterday
Thanks
elizabetheldrid
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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