subject
Business, 09.10.2021 14:00 kitam2871

On January 1, 2022 you will purchase a $350,000 house. To pay for the house you will pay 20% down (in Cash) and borrow the remainder under a 30- year mortgage with a contractual interest rate of 3.35% Your market rate of interest, for the risk you pose, is 4.5% Your payments are due at the end of each month with the first payment due 1/31/2022. How much interest (rounded to the nearest dollar) will you repay during the time period of 2023-2026 (the second through fifth year of the loan)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:10
Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.
Answers: 1
question
Business, 22.06.2019 20:20
Precision aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. what was the firm's roe? a. 15.23%b. 16.03%c. 16.88%d. 17.72%e. 18.60%
Answers: 2
question
Business, 22.06.2019 23:00
What is the purpose of the us international trade association?
Answers: 2
question
Business, 23.06.2019 07:50
Acountry has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods has just begun. also, the goods demanded relate to equipment and supplies to support manufacturing. in which stage of rostow’s five-stage model of economic growth does the country fit?
Answers: 1
You know the right answer?
On January 1, 2022 you will purchase a $350,000 house. To pay for the house you will pay 20% down (i...
Questions
question
Mathematics, 06.04.2021 19:10
question
Mathematics, 06.04.2021 19:10
question
Mathematics, 06.04.2021 19:10
question
Biology, 06.04.2021 19:10
Questions on the website: 13722359