History, 26.06.2019 06:30 hellokitty9440
Alandlord wants to acquire an additional apartment building for $250,000. the new building contains eight apartment units, which will each rent for $500 per mpnth. the bank is willing to loan the landlord the money for a long-term, 30-years loan at a 5.5 percent interest rate. calvulate the monthly payment and explain whether taking this loan for the new building is a smart business decision
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