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University of Central Oklahoma - FALL 2010 | ||
Section 10872 | ||
 | The Appraisal of Real Estate, (12th Edition) by Appraisal Institute (U.S.), Mary Elizabeth Geraci (Editor), Michael Mckinley Hardcover, 760 Pages, Published 2001 ISBN-10: 0-922154-67-8 / 0922154678 ISBN-13: 978-0-922154-67-8 / 9780922154678 Akerson Format The mortgage-equity procedure developed by Charles B. Akerson substitutes an arithmetic format for the algebraic equation in the Ellwood formula.5 This format is applicable to level-income situations; when modified with the J or K factor, it can also be applied to changing-income s | |