You have a choice between the following two identical properties. Property A is priced at $150,000 with 80% ltv at 10.% and 20 year amort. Property B is priced at $160,000 with an assumable loan of $100,000, 9% interest, and 20 year amort along with a 2nd loan for $20,000 and a 13% interest rate and 20 year amort. From just a lower payment perspective, which property would you choose?

What happens when a bank is required to hold more money in reserve?

From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.