subject
Business, 13.03.2021 01:00 TayJoker966

A borrower is interested in comparing the monthly payments on two otherwise equivalent 30 year FRMs. Both loans are for $100,000 and have a 7% interest rate. Loan 1 is fully amortizing, where as Loan 2 has negative amortization with a $120,000 balloon payment due at the end of the life of the loan. How much higher is the monthly payment on loan 1 versus loan 2

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 13:30, 2936131
Iwant to be an engineer but cant do math for the life of me, but i also want to be a cop."what should i do"
Answers: 3
image
Business, 21.06.2019 22:30, veronicacalyn
Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. occupational safety & health administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing, maintaining, and firing the workforce
Answers: 1
image
Business, 22.06.2019 10:20, Sparkledog
Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.
Answers: 1
image
Business, 22.06.2019 18:20, fantasticratz2
Principals are an administration career
Answers: 2
You know the right answer?
A borrower is interested in comparing the monthly payments on two otherwise equivalent 30 year FRMs....

Questions in other subjects:

Konu
Mathematics, 05.11.2020 15:40
Konu
Mathematics, 05.11.2020 15:40
Konu
Mathematics, 05.11.2020 15:40