Business, 27.07.2021 15:40 marissaa190
Suppose you plan to buy a house. The price of the house is $80,000. You have $10,000 for the down payment and plan to borrow $70,000 plus enough to pay for the points and closing costs. First American Bank has agreed to lend you the money. The loan will be fully amortized over 30 years at 8.0%, with 3 points. The loan payments will be monthly. The closing cost are estimated to be $2,000. Calculate the actuarial, annual percentage and effective rate on this loan if you sell the home and repay the loan at the end of the fifth year.
Answers: 3
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Business, 22.06.2019 09:30
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Business, 22.06.2019 11:00
Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150
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Business, 22.06.2019 11:40
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
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Suppose you plan to buy a house. The price of the house is $80,000. You have $10,000 for the down pa...
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