TD - Constant interest rates- quiz and solution
QUESTION
A mortgage of £250,000 is to be paid of in equal monthly installments over
25 years. The interest rate is assumed to be constant at 8%. What are the
monthly repayments?
QUESTION
A mortgage of £250,000 is to be paid of in equal monthly installments over
25 years. The interest rate is assumed to be constant at 8%. What are the
monthly repayments?