Lender from investing the loan payments received

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Reference no: EM13811822

Loan 105,000. 48 months apr 5% down payment zero, monthly payment 2,418.08 how much reinvestment interest does the financial service earn as the lender from investing the loan payments received. They can reinvest immediately at 5% over the entire loan term. Ignore taxes.

Reference no: EM13811822

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