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Grace Ling

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Singapore, Singapore

Pursuing Ph.D. in Accounting

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National University of Singapore, Institute of Systems Science, pursuing my Ph.D. degree

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Ph.D. in Accounting

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Finance
  • Published: 2016, 22 Sep
  • 6 Pages, 1709 Words
Fixed-rate Mortgage Option

1. Calculate a) the monthly payment on Fixed-rate Mortgage Option loan, b) both sets of quarterly payments on Floating-rate Option, c) both sets of monthly payments on Interest Only Option and d) the monthly payment on the mortgage should you decide to purchase off-the-plan. 2. Prepare excel worksheets with the complete payment schedules for all four financing deals. The payment schedules should show the amount and timing of all payments. Graph the Interest and Principal amounts out of the payme...

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