Mortgage calculation (please explain method for calculating answer)

Mathematics
Tutor: None Selected Time limit: 1 Day

finite_mortgage_50.png
Aug 16th, 2014

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

Aug 16th, 2014

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Aug 16th, 2014
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Aug 16th, 2014
Dec 8th, 2016
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