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Effect of Extra Payments on an Amortizing Loan
Автор: Wolfram Demonstrations Project
Загружено: 2011-08-18
Просмотров: 247
Описание:
http://demonstrations.wolfram.com/Eff...
The Wolfram Demonstrations Project contains thousands of free interactive visualizations, with new entries added daily.
This Demonstration shows the importance of making extra payments on a typical amortizing loan, such as a principal and interest mortgage. Even small amounts over and above the prescribed minimum can substantially reduce the term of the loan and the over...
Contributed by: Ben Carbery
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