Explain why interest paid in the early years of a home mortgage is more helpful in reducing taxes than interest paid in later years.Describe what an amortization schedule is and its uses. Explain the purpose of an amortization schedule.
In a Word document, respond to the following. Number your responses 1–4. 1. Explain whether you would you rather have a savings account that paid interest compounded on a monthly basis or compounded on an annual basis? Why? 2.Describe what an amortization schedule is and its uses. Explain the purpose of an amortization schedule. Interest […]