Mathematics, 17.03.2020 02:09 2020EIglesias180
Linda and Ralph have signed a contract to purchase a home. The closing date is April 27, and the
buyer owns the property on the day of closing. The selling price of the home is $782,500. Linda and
Ralph obtained a fixed-rate mortgage from a bank for $685,000 at 7.35% interest. The seller has
already paid $14,578.15 in property taxes for the coming year. How much will Linda and Ralph owe
in prorated expenses? (3 points)
Answers: 1
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Linda and Ralph have signed a contract to purchase a home. The closing date is April 27, and the
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