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kimgalaxy kimgalaxy
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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
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#1
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10 years ago
(D)   12.42%
Mastering in Nutritional Biology
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