In 2015 the Smiths purchased a home for $250,000 with a loan of $200,000 at 4% for 30 years. In 2025 the Jones purchased the home for $350,000 but were able to assume the Smith's existing mortgage (the Jones' just took over the remainder of the existing loan).

The Jones' can will also obtain a new loan at 30 years, 9.5% fixed with a limit of an 80% total loan to value (of all debt combined).

If the Jones' can not assume the old loan, they will obtain a new loan at 80% LTV, 30 years, 9.5%.

What is the balance of the loan the Jones' will assume in 2025?

If the Jones' are able/willing to assume the old loan, what is the addition loan amount the Jones' will need to borrow in 2025?

If the Jones' assume the old loan what will be the total monthly payment for the Jones' on their new house?

If the Jones' were to assume this mortgage and hold this home for 30 years, what would be their monthly loan payment per month in year 22 of their ownership?

If the Jones' could not assume the prior mortgage, what would they pay as their monthly payment?

If the Smith's could increase the home price to make the Jones' indifferent (meaning the Jones' monthly payment would be exactly the same in either scenario) to assuming the loan with an increased purchase price or paying a lower price at the prevailing rate and terms, what would that higher purchase price be?

In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer

In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?

Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms.if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.