Please provide a reflection for income tax and that, Financial Management

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Please provide a reflection for income tax and that

1. You borrowed 253,000 at an annual interest rate of 11.2%. You have to make montly payments and completely amortize the loan over 30 years. How much total interest will be payed over the life of the loan?

2. Your loan has an annual interest rate of 7.1%. It requires monthly payments. What is the EAR (effective annual rate) of this rate?

3. Please provide a reflection for income tax and that interests people and that people would like to learn more about.

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Financial Management: Please provide a reflection for income tax and that

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Financial Management: Please provide a reflection for income tax and that

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