Ben removes good about three-12 months financing from $ten,000 on mortgage of five%, and this substances a year
Ben removes good about three-12 months financing from $ten,000 on mortgage of five%, and this substances a year An easy interest regarding 4% per year means an annual interest payment out-of $12,000. Once three decades, new borrower would have made $twelve,000 x 30 years = $360,000 in the notice money, which explains just how banking [...]