Determine the annual repayment schedule for the first two years (i.e. interest principal payment and balance owed) for each of the
following. (Assume that only one payment is made annually.) Compare the payments required by each mortgage. What conclusions can you draw? a) A $100000 conventional mortgage for 25 years at 5 percent
b) A $100000 conventional mortgage for 20 years at 5 percent
c) A $100000 conventional mortgage for 25 years at 6 percent
do not copy and paste other Transtutors answer my numbers are different!
Also do not copy and paste from any other website I want to be able to do that in my word doc and print it and the bold does not