How do I solve this problem (real estate class)?
Posted December 14th, 2010 by admin 1 Comment »
Erusaro asked:
Bob wants to know how many years it will take to pay off his FRM given a monthly payment of $1,500 a loan balance of $212,230.36 and 7% interest rate.
Bob wants to know how many years it will take to pay off his FRM given a monthly payment of $1,500 a loan balance of $212,230.36 and 7% interest rate.
