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A what is the adjusted osb at the end of 3rd year b what is

Jane has been offered a Price Level Adjusted Mortgage Loan of 100,000 to purchase a small bar. The loan is to be amortized over 25 years, with annual payments. The rate is j1 = 4%. Annual inflation rates are as follows:

Year 1-3 4%

Year 4-6 3%

(a) What is the adjusted OSB at the end of 3rd year?

(b) What is the annual payment in Year 5?

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Business Management: A what is the adjusted osb at the end of 3rd year b what is

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