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Elementary,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 355 Weeks Ago, 4 Days Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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A bank offers to lend you $500,000 to buy a home. You must sign a mortage callinmg for repayments of $250,000 at the end of the next twenty years .What interest rate is the bank charging you?
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