Reverse Mortgage

Benjamin asked: using the straight-line method of amortization, what is the bond interest expense if the following: Bond was issued $10,000 12% 5-yr bond on January 1, 20X7 for $9,230. Interest is paid semi-annually…i need to know how to do this!

blkbrbe_84 asked: I have bad credit from college when I made some bad decisions not thinking it will haunt me for the rest of my life Im trying to pay some of the bills and get my credit score back up but I just had a lil boy and I need money fast and I [...]

xteriors2003 asked: I am wondering if when you obtain an auto loan, does the amount that goes to principal and interest stay the same throughout the life of the loan unlike a home loan where at the start most is interest? Please supply a link as well if you have one showing where I can [...]

smoofus70 asked: I have a question about TIPS (Treasury Inflation-Protected Securities). Do people buy these at premiums/discounts or are they just bought at par and adjust based on the Consumer Price Index?

numberone asked: in 2001 my dad and i bought a car. i use the car and i pay the bill every month for it. However my name isnt listed has owner. i have bad credit however my car payment is always on time. i owe about 5000 dollars left. What can i do to change [...]

hlnov13 asked: A family has a mortgage on their house with 25yr amortization period. The nominal interest rate is i-5.95%; interest is compounded semiannually. Their monthly payment is p-$3107.77, and their current balance is $237,562.52. Answer the following questions assuming that the interest rate stays the same over the duration of the mortgage. a)How many [...]

nicolabuddah asked: I have bad credit and need a loan of £8000 unsecured. My father will gaurentee the loan but i am unsure what leander will do this. please dont suggest debt consolidation. this is not an option

Carrie asked: I am highly considering doing this and calling on Monday to get it going. I was told by an attorney that my payments will be spread out and more manageable. Did you do this and did it work for you?

Paul H asked: I would highly appreciate if somebody has example Excel spreadsheet of Scientific method of how to amortize loan premium. Thanks alot

elnel55 asked: long term liabilities