Appraised value of the house: $215,000 approved ltv: 90% interest rate, 30-year loan: 5.25% what would be the monthly payments of principal and interest on the loan? compare the amount of interest they would pay on this 30-year mortgage (5.25%) and a 15-year mortgage with an interest rate of 4.5%. for problem #3 assume that they have to pay two points to get the 30-year loan closed. what actual rate of interest would they have paid over the life of the 30-year loan? assume they do qualify and buy the house on a 30-year loan at 5.25% in six (6) years they decide to sell the house because they now need more room for their new triplets. how much principal will be left on the loan at the end of six years?

Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale

At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a.interns b.trainees c.members 2. a.participate b.train c.win

Which are the best examples of costs that should be considered when creating a project budget?