Mortgage Renewal After 5 Years Part B Link for Part A given in Comments

Part A: Calculate Monthly Payments For Mortga...
This is Part B of the Video on Mortgage of $190 000 for 25 years.
Here we have discussed the case if the mortgage is renewed after 5 years. Link for Part A Calculate Monthly Payments For Mortga...
Annuity Future Value: Annuity and Future Value Formula Deri...
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Example: Future Value When Compounded Annually
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Example: Future Value When Compounded Annually
Present Value P of an Annuity of n payments of R each at the end of consecutive interest periods with interest compounded at a rate i per period is given by the formula: PV=R((1-(1+i)^(-n))/i)
Annuity and Future Value: Annuity and Future Value Formula Deri...

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