Which of the following is true about a Canadian mortgage? A. A mortgage is a loan take out today to pay for a building
Posted: Wed Jul 06, 2022 6:41 pm
Which of the following is true about a Canadianmortgage?
A. A mortgage is a loan take out today to pay for a building
B. Mortgage payments are calculated using an annuity formula
C. The amortization period is a maximum of 25 years
D. All of the above
A. A mortgage is a loan take out today to pay for a building
B. Mortgage payments are calculated using an annuity formula
C. The amortization period is a maximum of 25 years
D. All of the above