subject
Business, 12.08.2019 23:20 lollipop83

The price of a condominium is $185,000. the bank requires a 5% down payment and one point at the time of closing. the cost of the condominium is financed with a 30-year fixed-rate mortgage at 88%.(a) find the required down payment (b) find the amount of the mortgage(c) how much must be paid for the one point at closing? (d) find the monthly payment (excluding escrowed tax and insurance)(e) find the total cost of interest over 30 years

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company
Answers: 2
question
Business, 22.06.2019 15:40
As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage
Answers: 1
question
Business, 22.06.2019 17:10
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
question
Business, 22.06.2019 19:00
1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals
Answers: 1
You know the right answer?
The price of a condominium is $185,000. the bank requires a 5% down payment and one point at the tim...
Questions
question
Mathematics, 07.09.2021 01:00
question
Physics, 07.09.2021 01:00
question
English, 07.09.2021 01:00
question
Mathematics, 07.09.2021 01:00
question
Mathematics, 07.09.2021 01:00
Questions on the website: 13722361