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book Real Estate Principles 3rd Edition by David Ling,Wayne Archer cover

Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Edition 3ISBN: 978-0073377322
book Real Estate Principles 3rd Edition by David Ling,Wayne Archer cover

Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Edition 3ISBN: 978-0073377322
Exercise 8
Calculate the original loan size of a fixed-payment mortgage if the monthly payment is $1,146.78, the annual interest rate is 8.0 percent, and the original loan term is 15 years.
Explanation
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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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