$100,000 Loan, 15 Years, 6% interest, One year later, the market interest rates are 7%

jagguarpaw January 10, 2017 0 Comments

Question: 23. $100,000 Loan, 15 Years, 6% interest, One year…

  1. $100,000 Loan, 15 Years, 6% interest, One year later, the market interest rates are 7%. What are the book and the market value for this loan?