You need a 25-year, fixed-rate mortgage to buy a new home for $240,000. Your mortgage bank will lend you the money at a 8.6 percent APR for this 300-month loan. However, you can afford monthly payments of only $800, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment. Required: How large will this balloon payment have to be for you to keep your monthly payments at $800?
Answers: 2
Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
Business, 22.06.2019 12:40
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
You need a 25-year, fixed-rate mortgage to buy a new home for $240,000. Your mortgage bank will lend...
Physics, 17.07.2019 02:30
History, 17.07.2019 02:30
History, 17.07.2019 02:30
Business, 17.07.2019 02:30
Chemistry, 17.07.2019 02:30
Health, 17.07.2019 02:30
Mathematics, 17.07.2019 02:30
Spanish, 17.07.2019 02:30
Mathematics, 17.07.2019 02:30