× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
e
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
kimgalaxy kimgalaxy
wrote...
Posts: 1
Rep: 0 0
10 years ago
1.When purchasing a $210,000 house, a borrower is comparing two loan alternatives.  The first loan is a 90% loan at 10.5% for 25 years.  The second loan is an 85% loan for 9.75% over 15 years.  Both have monthly payments and the property is expected to be held over the life of the loan.

Seleccione una:
A. 16.17%
B. 20.25%
C. 11.36%
D. 12.42%
E. 12.02%
Source  William B. Brueggeman JeFFrey D. Fisher..... Real estate Finance
and investments
f o u r t e e n t h e d i t i o n
Read 1152 times
1 Reply

Related Topics

Replies
wrote...
#1
Staff Member
Educator
10 years ago
(D)   12.42%
Mastering in Nutritional Biology
Tralalalala Slight Smile
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1065 People Browsing
 143 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 297
  
 295
  
 212
Your Opinion
Who's your favorite biologist?
Votes: 587
Previous poll results: Does a gender wage gap exist in America?