Economics Students Association

 
In this short article I make the point that consumption of addictive goods is consistent with rationality.
Short notes, explaining how to calculate payments on mortgages (fixed and variable rates), how to compute remaining balance after n payments, and how to break each payment into interest and principal payments. The Excel file computes all the payments on the mortgage, adjusting for variable interest rate and more.
   
   
   
   
   
   
   

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