camdenmorrison
camdenmorrison
16.10.2021 • 
Business

Consider a $100,000 loan offered at a 3.5% real rate of interest over 30 years, with 6 points payable upfront. Payments and loan balance will be adjusted annually. Assuming inflation over the next four years is 21%, 17%, 15%, and 19% respectively, what are the loan payments, and final payoff required at the end of year 4

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