Mathematics
Mortgage calculation (please explain method for calculating answer)

Question Description

finite_mortgage_50.png

Final Answer

its a calculation formula that is used by the bankers. according to this rule the person who got load have to pay his interest and some part of the actual amount. for details and the calculator please visit http://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx

alvikhan (1)
Boston College

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