bgrate7223 bgrate7223

23-12-2022
Business

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a fully amortizing cam loan is made for $137,000 at 6 percent interest for 20 years. required: a. what will be the payments and balances for the first six months? b. what would payments be for a cpm loan? c. if both loans were repaid at the end of year 5, would the lender earn a higher rate of interest on either loan?

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