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Finance 15 Online
OpenStudy (anonymous):

Hye, do anyone know is interest loan needs to be accurate when forecasting cash flow over 20 years? Do we need to consider Debt Service Cash Ratio (Banks always look at this ratio to approve the loan) to calculate installment amount? If the loan rate is floating, then the installment would be varied along the way - Do we need to predict interest rate as well (Libor rate)?

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