What is the difference in effective cost of borrowing
What is the difference in effective cost of borrowing between a $500,000 loan amortized annually at 12 percent over 10 years, with 4 percent paid at the time of loan origination, versus the same loan prepaid after 4 years?
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what is the difference in effective cost of borrowing between a 500000 loan amortized annually at 12 percent over 10
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