Question : I sent this before and you didn't give me a : 11291
I sent this before and you didn't give me a clear answer.
This is the answer you gave me.
I want you to show me how you got the third year figures or Payment and ending balance.
QUESTION 2 You are given the following information on a mortgage. Fill in the blanks. You must show all calculations. Loan Assumption 120,000.00 Initial amount Term (years) 12 PMT/YR Margin 2.55% Year 3.25% Index 3.25% 3.50% Interest rate Loan balance Months remaining Monthly payment