subject
Business, 22.02.2022 21:00 22chandlerlashley

A borrower has secured a 30 year, $224,000 loan at 8% with monthly payments. Fifteen years later, the borrower has the opportunity to refinance with a fifteen year mortgage at 7.5%. However, the new loan requiers the borrower to pay 2 points at closing. What is the return on investment if the borrower expects to remain in the home for the next fifteen years

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 13:30
There are about 6.8 billion people in the world, and about 11.4 billion usable hectares. currently, the population of the united states has an ecological footprint of about 9.0 hectares per person. if all people in the world were to live at the level of consumption found in the united states, the population of the world would have to in order to support them.
Answers: 1
question
Business, 21.06.2019 21:00
Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.
Answers: 2
question
Business, 22.06.2019 01:40
Select the word from the list that best fits the definition sometimes
Answers: 2
question
Business, 22.06.2019 02:00
What is the main role of ctsos at the local level? at the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events.1. a.internsb.traineesc.members2.a.participateb.trainc.win
Answers: 3
You know the right answer?
A borrower has secured a 30 year, $224,000 loan at 8% with monthly payments. Fifteen years later, th...
Questions
question
Mathematics, 03.10.2019 02:30
Questions on the website: 13722363