Posted by **Hannah** on Thursday, November 10, 2011 at 10:57pm.

Your friend states that your mortgage is "an annuity where you are the bank."What does she mean?

## Answer This Question

## Related Questions

- statistic - Of all mortgage foreclosures in the United States, 50% are caused by...
- Corporate law - At a closing at 10 a.m. on May 3, 2005, X Corp. delivers $25,000...
- Urgent math - A couple needs a mortgage of $300,000. Their mortgage broker ...
- History - 5.)Which answer best describes why many of the states opposed the ...
- Finance - Need help finding a formula for: Question: Suppose a bank offers you ...
- statistics - The following data set gives FICO credit scores of a sample of 40 ...
- Finite math - Consider the following annuity scheme: regular payments of $200 ...
- Math - Jim Gray invested $8,500 four times a year in an annuity due at All-Star ...
- consumer math grade 12 - jesse buys a 150 000 house and will make a 30 000 down ...
- please help urgent - A couple needs a mortgage of $300,000. Their mortgage ...

More Related Questions