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| rev | Admin | (Created page with "Current loan rates are based on the following term structure of interest rates: {| class="table" ! Investment Length (years) !! Spot Rate |- | 1 || 5.00% |- | 2 || 5.25% |- | 3 || 5.75% |- | 4 || 6.25% |- | 5 || 7.25% |} A loan of 6000 is to be repaid with a single payment of principal plus interest at the end of five years. The borrower has two choices: #a 5-year loan. #a 3-year loan to be repaid with a single payment of principal plus interest by taking out a 2-year...") | Nov 20'23 at 1:22 | +766 |